There are indications that the government is preparing the ground for one of its mega offering of shares in the form of Initial Public Offer (IPO) of Life Insurance Corporation (LIC) of India. The centre had proposed to garner Rs 2,10,000 crore through disinvestment (stake sale) from its various companies in February this year as part of resource mobilisation. It planned to raise close to 50 per cent of this amount, close to Rs 1,00,000 crore, by divesting 10 per cent of LIC equity as part of its ambitious disinvestment programe in this year’s budget.