Govt gets Rs 1,203 cr dividend from 5 CPSEs

Govt received about Rs 604 crore, Rs 450 crore and Rs 37 crore from SAIL, HUDCO and IREL as dividend tranches, DIPAM said

Allt=
Govt gets Rs 1,203 cr dividend from 5 CPSEs (File)

New Delhi: The government has received Rs 1,203 crore as dividend tranches from five CPSEs, including SAIL, HUDCO and IRCTC. With this, the total dividend receipts of the government from public sector enterprises stood at Rs 14,778 crore so far this fiscal.

FinMin releases Rs 7,183 crore grant to 14 states

“Government has respectively received about Rs 604 crore, Rs 450 crore and Rs 37 crore from SAIL, HUDCO and IREL as dividend tranches,” Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey tweeted.

Despite COVID crisis, PSU dividend receipts exceed revised estimate & FY20 collection

Besides, IRCTC has paid about Rs 81 crore and Bhartiya Rail Bijlee Co Ltd Rs 31 crore as dividend tranches, Pandey added.

(PSU Watch– India’s Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, Join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)