YS Jaganmohan Reddy's YSR Congress Party is leading in the assembly elections in Andhra Pradesh and appears all set to form the next government in the state.
Reddy's YSRCP is leading in 149 seats out of 175 seats whereas N Chandrababu Naidu's Telugu Desam Party is leading in a paltry 25 seats and the Jana Sena party is leading in only one seat.
Sources have said that Andhra Pradesh Chief Minister N Chandrababu Naidu is likely to tender his resignation later on Thursday.
YS Jaganmohan Reddy will take oath as Andhra Pradesh Chief Minister on May 30, said a senior leader from YSRCP Ummareddy Venkateswarlu. As per sources, Reddy will take the oath at Tarakarama stadium in Tirupati .
If that does indeed come to pass, it would entail a breakaway from tradition as it would be only the second time that a Chief Minister is taking oath outside the Raj Bhavan. In 2014, Chandrababu Naidu took oath in the Nagarjuna University in Vijayawada.
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In 2014, the YSR Congress Party had emerged as the second-largest party in the state with 66 seats in the assembly. Jana Sena Party is likely to get an estimated 0-3 seats in the state.
In a first-of-its-kind exit poll conducted by i-Pulse in collaboration with I-News Network covering all 175 constituencies in the state has projected clear majority for Jagan's YSR Congress party with an estimated range of 110-120 seats. On the other hand, the ruling Naidu-led TDP (Telugu Desam Party) is projected for a massive loss with a seat-share range of 55-62, which is significantly lower than its 2014 Legislative Assembly election performance of 103 seats.
The election results on Thursday came as a huge blow to Chandrababu Naidu as his party also appears set to be similarly decimated in the Lok Sabha elections, meaning that his gamble of breaking away from the NDA and becoming one of PM Modi's fiercest critics has ended in abject failure.
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