Former Congress MP Y S Jaganmohan Reddy would launch a political party very soon after holding consultations with his supporters across Andhra Pradesh. "I cannot give an exact date. But I can tell you that Jagan Mohan Reddy would launch a political party as soon as possible. He will make the announcement after holding consultations with his supporters all over the state," Ambati Rambabu,a close confidante of Jagan told reporters here. Jagan would like to finalise the proposed policies and programmes of the party before making an announcement,he said. Replying to a query,Rambabu said Jagan has already announced that he does not intend to destabilise the Congress government in Andhra Pradesh and that he would stick to it. The Jagan camp is not concerned about the dissatisfaction of some ministers over allocation of portfolios,he said. Several Congress MLAs,including D Chandrasekhara Reddy,M Chandrasekhara reddy,P Subhash Chandra Bose,TDP rebel MLA N Prasannakumar Reddy,and few MLCs met Jagan here today. Jagan arrived here in the morning after a two-day visit to his native Kadapa district following his resignation from the primary membership of Congress and also the Lok Sabha.