In her maiden Budget, presented on July 5, Finance Minister, Nirmala Sitharaman proposed several announcements in the interest of the common man. Among the many measures announced, the FM increased public shareholding from 25% to 35%. The proposed plan is the biggest wealth shifting announcement in the interest of common man, opined many market experts. Sitharaman pushed for increasing the float in the stock market by asking Sebi to consider increasing minimum public shareholding by 10% will increase the ownership amongst investors.