Utkarsh Sinha, Managing Director, Bexley advisors, says “LIC's IPO could be India’s ARAMCO moment, setting the high watermark for public markets. However, it would be interesting to see how LIC's books cope with the disclosures and scrutiny of the process.
Bill Discounting is a critical need: payment delays can kill MSMEs.
The innovation here could be a massive boon; the government can help MSMEs by ensuring its liabilities are cleared without delay and that the disbursements are seamless going forward.
We fail to realize that capital gains in public markets often fund equity investments in private markets, so eliminating DDT could lead to an increase both in investments, and consumption.”