New Delhi, Aug. 26 -- The government's strategy of moving from a revenue-centric annual disinvestment target to value maximisation through prudent public asset management has seen an over three-and-a-half-fold jump in market capitalisation of central public sector companies to Rs.42.76 lakh crore in February 2026 from Rs.12.1 lakh crore in March 2021, according to government data. "Fixing separate disinvestment targets was discontinued from financial year 2023-24," a finance ministry official who did not wish to be named, said. In an interview with HT on February 7, 2024, then Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey explained the policy shift from pursuing a numerical goal because disinvestm...