In February 2020, Finance Minister Nirmala Sitharaman announced that the government has planned to sell a part of its stake in LIC via public offering. However, due to the COVID-19 pandemic, the plan has been stalled and it may take several months to set up the IPO. Other privatisation plans have also been postponed.
Meanwhile, the finance ministry may also announced a stimulus closer to Diwali which would focus on helping the travel and hospitality sector.
Tune in to the Macro Minutes with host Keerthana Tiwari and Moneycontrol's Assistant Editor Arup Roychoudhury for more in-depth analysis of government policies.
