<h1>Indian Government Adopts New Strategy for CPSEs: Buy-Backs and Stock Listings to Boost Public Ownership and Treasury Management.</h1> The Indian government announced a new approach to the divestment of Central Public Sector Enterprises (CPSEs), allowing them to engage in buy-backs and stock exchange listings, aligning them with private sector practices. In the 2012-13 budget, the Finance Minister stated that Rs 30,000 crore would be raised through disinvestment, following a lower-than-expected Rs 14,000 crore in 2011-12 against a target of Rs 40,000 crore. The government aims to enhance public ownership of CPSEs while maintaining at least 51% ownership and management control. This strategy is intended to improve treasury management and unlock value for stakeholders.