New Delhi, 2 April (IANS). The government has received a dividend of Rs 74,016 crore from public sector undertakings (PSUs) in FY 2024-25, which is more than a dividend of Rs 63,749.3 crore, which received in FY 2023-24. This information was received from the data compiled by the Department of Investment and Public Assets Management (Deepam).
The revised estimate of the total dividend budget received from PSU to the Center in the financial year ended 31 March 2025 is more than Rs 55,000 crore.
In the last financial year, the central government has received the highest dividend of Rs 10,252 crore from Coal India Limited. After this, a dividend of Rs 10,002 crore has been received from Oil and Natural Gas Corporation at second place.
The government has received a dividend of Rs 3,761.50 crore from Telecommunications Consultants (India) and Rs 3,619.06 crore from Hindustan Zinc Limited.
At the same time, the government has received a dividend of Rs 3,562.47 crore from BPCL.
Each PSU is required to give 30 percent of its profit after tax or 4 percent minimum annual dividend.
In FY 2024-2025, a revised estimate of a dividend collection of Rs 55,000 crore was released from PSU. The figure for the current financial year has been fixed at Rs 69,000 crore.
Apart from this, in the budget speech given on February 1, Finance Minister Sitharaman had said that in the financial year 2025-26, the government is expected to get Rs 2.56 lakh crore from the Reserve Bank of India (RBI) and public sector banks as dividends.
In the financial year 2024-25, the government was given a dividend of Rs 2.1 lakh crore by the RBI. In such a situation, the dividend figure fixed for the current financial year is higher than the previous year.
It is mandatory to give 4 percent dividend of its net worth to the Central Government’s PSU. Earlier it was 5 percent. At the same time, it is mandatory to give 30 percent of its profit to NBFC of public sector.
-IANS
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