{"id":7876,"date":"2020-02-03T05:14:38","date_gmt":"2020-02-03T05:14:38","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=7876"},"modified":"2020-02-03T05:14:39","modified_gmt":"2020-02-03T05:14:39","slug":"union-govt-plans-to-raise-funds-through-lic-ipo","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/union-govt-plans-to-raise-funds-through-lic-ipo\/","title":{"rendered":"Union Govt plans to raise funds through LIC IPO"},"content":{"rendered":"\n<p>Finance Minister of India proposed to sell a part of its\nholding in largest insurer LIC via initial public offer (IPO). She also\nproposed to sell the government\u2019s remaining stake in IDBI Bank. The government\nset a divestment target of Rs 2.1 lakh crore for FY21 compared with Rs 1.05\nlakh crore target for the ongoing financial year. The target came far above\nanalyst estimates of Rs 1 lakh crore.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Daily Current\nAffairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<p>Life Insurance Corporation of India is an Indian state-owned\ninsurance group and investment corporation owned by the Government of India.\nThe Life Insurance Corporation of India was founded in 1956 when the Parliament\nof India passed the Life Insurance of India Act that nationalised the insurance\nindustry in India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Minister of India proposed to sell a part of its holding in largest insurer LIC via initial public offer (IPO). She also proposed to sell the government\u2019s remaining stake in IDBI Bank. The government set a divestment target of Rs 2.1 lakh crore for FY21 compared with Rs 1.05 lakh crore target for the [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":7877,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[871],"tags":[],"offerexpiration":[],"class_list":["post-7876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-january-2020"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/7876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=7876"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/7876\/revisions"}],"predecessor-version":[{"id":7878,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/7876\/revisions\/7878"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/7877"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=7876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=7876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=7876"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=7876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}