India has IPOs worth $5 billion lined up this year

https://www.businessinsider.in/business/news/india-has-ipos-worth-5-billion-lined-up-this-year-heres-a-look-at-the-top-candidates/articleshow/73722026.cms

Indian markets regulator Securities and Exchange Board of India approved 16 IPOs worth ₹16,000 crore and And, yet another 13 companies which want to raise as much as ₹21,200 crore are await approval,says a report by Edelweiss Broking.

In 2019, new public issues raised as much as ₹1.25 lakh crore.

So now we all know from where the money is coming from.

So the direction of the government can be summarized in 3 words

1. Corporates ( Adani and Reliance)
2. Disinvestments – Sink BSNL and then sell it, India airline deal about to be finalized.(more in the pipeline, like never before)
3. Electoral bonds -Ruling BJP bags 95% of funds (https://m.economictimes.com/news/politics-and-nation/electoral-bonds-ruling-bjp-bags-95-of-funds/articleshow/66858037.cms)