Big Disinvestment Move? Govt Plans LIC Stake Sale Amid Fiscal Pressure

Breaking news on LIC! Reports suggest the government may launch a 2% stake sale in Life Insurance Corporation of India as early as June, aiming to raise nearly ₹10,000 crore. The proposed OFS is likely to be targeted at institutional investors and could mark the beginning of the government’s FY27 disinvestment strategy. Following the reports, LIC shares slipped nearly 3% in trade. Market experts say this could be a smart fiscal move at a time when the government faces pressure from rising crude oil prices and higher spending needs due to global geopolitical tensions. Analysts believe monetising PSU stakes like LIC and Coal India can help generate liquidity for infrastructure and developmental spending. Is this the start of a bigger PSU disinvestment cycle? Watch the full breakdown.