Government receives Dividends Tranches of Rs.4,353 Crore from Seven CPSEs

Government receives Dividends Tranches of Rs.4,353 Crore from Seven CPSEs

Reetu | Mar 17, 2022 |

Government receives Dividends Tranches of Rs.4,353 Crore from Seven CPSEs

Government receives Dividends Tranches of Rs.4,353 Crore from Seven CPSEs

The Government announced on Tuesday that it has received Rs.4,353 crore in dividend tranches from seven PSUs, including Coal India and PFC.

Tuhin Kanta Pandey, Secretary of the Department of Investment and Public Asset Management (DIPAM), tweeted, “Government has received roughly Rs.575 crore and Rs.2038 crore as dividend tranches from Nuclear Power Corporation of India Ltd and Coal India Ltd, respectively.”

In addition, dividend tranches of Rs.887 crore and Rs.653 crore were received from Power Finance Corporation (PFC) and Hindustan Aeronautics Ltd, respectively.

BDL, Manganese Ore India Ltd, and Cochin Shipyard Ltd each contributed Rs.100 crore, Rs.33 crore, and Rs.67 crore to the government.

So far in the current financial year 2021-22, the government has received Rs.53,412.22 crore in dividends from CPSEs.

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