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One of the major imported food commodities is Palm Oil which recorded a negative meager growth of 0.06% YoY, worth a total of $1.70 billion during 11MFY20. while a sharp decline was seen in tea imports as It dropped by around 12.86% YoY to stand at $473 million during 11MFY20 when compared to the same period of FY19.
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The offer for sale of Oil and Natural Gas Corporation Limited (ONGC)was initiated by Govt in 2012 LIC was allotted 4.41 per cent stake in ONGC, part of the 5% sold by the government through the auction route. With the acquisition of 4.41 per cent, LIs stake in ONGC has gone up to 9.48 per cent
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