Govt gets Rs 6,651 cr interim dividend from 12 PSUs, Power Grid tops table

Centre's dividend target for FY22 is Rs 50,028 crore; so far it has received Rs 46,587 crore as dividend including these recent transfers

The Centre has received Rs 6,651 crore as interim dividend from 12 public sector undertakings (PSUs) on Monday, edging towards its Rs 50,028 crore dividend target for the ongoing fiscal.

Power Grid Corporation of India (PGCIL) has transferred Rs 2,506 crore as a dividend tranche to the government, while NMDC and Nuclear Power Corporation of India transferred interim dividends of Rs 1,605 crore and Rs 972 crore, respectively.

The government has received dividend tranches of Rs 913 crore from GAIL, Rs 351 crore from Hindustan Aeronautics, Rs 149 crore from Bharat Electronics, among others, Department of Investment and Public Asset