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PSUs pay Govt more than Rs 800 Cr as dividend in tranches: DIPAM

DIPAM Secretary Tuhin Kanta Pandey (IAS) tweeted on Monday Rs 8,096.30 crore has been obtained via dividends from various PSUs to date
PSUs pay government more than Rs 800 Cr as dividend in tranches, says DIPAM
PSUs pay government more than Rs 800 Cr as dividend in tranches, says DIPAM

New Delhi: DIPAM Secretary Tuhin Kanta Pandey on Monday tweeted that the Government has received over Rs 800 crore as dividend tranches combined from Oil India Ltd (OIL), Kudremukh Iron Ore Company (KIOCL), Satluj Jal Vidyut Nigam (SJVN), Power Finance Corporation (PFC) and  Housing And Urban Development Corp (HUDCO). 

According to the DIPAM Secretary, PFC paid dividends totalling Rs 296 crore, HUDCO paid Rs 233 crore, OIL paid Rs 92 crore, KIOCL paid Rs 99 crore and SJVN paid Rs 94 crore. 

DIPAM's website informs that, Rs 8,096.30 crore has been obtained via dividends from varied Central Public Sector Enterprises (CPSEs) to date. Total receipts now stood at Rs 17,206.86 crore. 

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Earlier in the FY'2020-21 despite COVID crisis, PSU dividend receipts not just exceeded the revised estimate for FY21 but are also higher when compared to FY'20. Total dividend receipts from CPSEs in FY 2020-21 had touched Rs 39,022 crore, which exceeded the Revised Estimate (RE) of Rs 34,717 crore, and was more than actual dividend receipts (Rs 35,543 crore) during the FY'2019-20.

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