Amidst the divestment plans for the FY2021-22 taking a hit, the government is planning to fast-track the asset monetization process in India, Moneycontrol reported citing sources. The development comes at a time when the government has slashed its LIC IPO size from 5 per cent to 3.5 per cent at Rs 21,000 crore. The initial public offering of Life Insurance Corporation is likely to take place in the first week of May.