The government has received about Rs 6,600 crore as dividend tranches from a dozen central government enterprises (CPSEs), including GAIL, NMDC and Power Grid.
“The government has received approximately Rs 972 crore and Rs 2,506 crore from Nuclear Power Corporation of India Limited (NPCIL) and Power Grid Corporation of India Limited as dividend tranches,” said Tuhin Kanta Pandey, secretary of the Department of Investment and Public Asset Management (DIPAM ). a tweet on Monday.
In addition, Hindustan Aeronautics, Bharat Electronics, HLL Lifecare Ltd, FAGMIL and NSIC have issued Rs 351 crore, Rs 149 crore, Rs 19 crore, Rs 12 crore and Rs 31 crore as dividend tranches respectively.
“The government has received approximately Rs 1605 crore and Rs 913 crore respectively from NMDC and GAIL 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 total, the government received Rs 6,651 crore in dividends from these 12 companies on Monday. With this, the total dividend yield of public sector companies has reached nearly Rs 40,000 crore for the current fiscal year so far.