# Government stake sales mark new era for public-sector companies 2026-08-15T14:48:24+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet The government has raised more than Rs 62,000 crore in 2026 by selling minority stakes in 10 public-sector companies, The Economic Times reports. The largest transaction was the Rs 31,552-crore sale of a 6.5% stake in Life Insurance Corporation of India, taking public ownership to 10%. Public-sector companies were created after Independence to build steel, power, mining, banking, transport and other industries that private capital could not support. Their role expanded through nationalisation before the 1991 economic crisis pushed India towards liberalisation and disinvestment. The latest sales reflect a wider question over how much of these businesses the state needs to own, even as public companies remain central to oil, coal, defence, power, railways and financial services. ## Coverage - economictimes.indiatimes.com Tags: Arjun Sengupta Committee, Government of India, India, Life Insurance Corporation of India Canonical: https://indianopinion.org/government-stake-sales-mark-new-era-for-public-sector-companies/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/government-stake-sales-mark-new-era-for-public-sector-companies/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.