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Govt reaps over Rs 6,600 crore as dividend from dozen Central PSEs

The government has received about Rs 6,600 crore as dividend tranches from a dozen Central Public Sector Enterprises (CPSEs), including GAIL, NMDC and Power Grid

Topics
CPSEs | GAIL | Non-Tax Revenue

Press Trust of India  |  New Delhi 

Budget, india, states, national, revenue, economy

The government has received about Rs 6,600 crore as tranches from a dozen Central Public Sector Enterprises (CPSEs), including GAIL, and .

"Government has received about Rs 972 crore and Rs 2506 crore from Nuclear Power Corporation of India Limited (NPCIL) and Corporation of India Limited as tranches," Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said in a tweet on Monday.

Besides, Hindustan Aeronautics, Bharat Electronics, HLL Lifecare Ltd, FAGMIL and NSIC have given Rs 351 crore, Rs 149 crore, Rs 19 crore, Rs 12 crore and Rs 31 crore as tranches, respectively.

"Government has received about Rs 1605 crore and Rs 913 crore from and respectively as Dividend tranches," he said in another tweet.

About Rs 42 crore, Rs 26 crore and Rs 25 crore were received from Central Warehousing Corporation, National Highways Infrastructure Development Corporation and WAPCOS, he said.

In aggregate, the government received Rs 6,651 crore as dividend on Monday from these 12 . With this, total proceeds from dividend from public sector enterprises reached close to Rs 40,000 crore for FY22 so far.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mon, January 17 2022. 18:43 IST
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