The government is planning buybacks and offer-for-sale (OFS) of central public sector undertakings (PSUs) to meet disinvestment target for 2022-23, Mint reported. The current year’s disinvestment proceeds have crossed ₹31,000 crore but remain below revised target of ₹50,000 crore. Uncertain market conditions and legal hurdles pose threats to ongoing privatisation transactions, the report added.