The finance minister said in her budget speech that the government proposes to sell a part of its holding in LIC. This would require a bill to amend the LIC Act to be passed in both houses of Parliament. Congress has already stuck a sceptical note on the LIC disinvestment and said it would make its stand clear on the floor of the house after internal deliberations.from News-Economic Times https://ift.tt/37YELX8
