Centre's CPSE dividends exceed budget estimate by 26% to Rs 63,000 crore in 2023-24 fiscal.
Centre's dividend receipts from CPSEs exceeded revised budget estimate by 26% to Rs 63,000 crore, surpassing the estimated Rs 50,000 crore for the current fiscal. CPSEs such as Coal India, ONGC, Powergrid, and GAIL made significant payouts, contributing to the boost in the Centre's kitty. The actual dividend collections increased by 26% to Rs 62,929.27 crore in the 2023-24 fiscal ending March 31, 2024.
March 31, 2024
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