Government Reaps Over ₹ 6,600 Crore As Dividend From A Dozen CPSEs

Government has gotten about ₹ 6,600 crore as profit tranches from twelve focal public area ventures (CPSEs), including GAIL, NMDC and Power Grid.
“Government has gotten about ₹ 972 crore and ₹ 2506 crore from Nuclear Power Corporation of India Limited (NPCIL) and Power Grid Corporation of India Limited as Dividend tranches,” branch of speculation and public resource the executives (DIPAM) secretary Tuhin Kanta Pandey said in a tweet on Monday.

Furthermore, Hindustan Aeronautics, Bharat Electronics, HLL Lifecare Ltd, FAGMIL and NSIC have given ₹ 351 crore, ₹ 149 crore, ₹ 19 crore, ₹ 12 crore and ₹ 31 crore as profit tranches, separately.

“Government has gotten about ₹ 1605 crore and ₹ 913 crore from NMDC and GAIL separately as Dividend tranches,” he said in another tweet.

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