New Delhi: According to the Department of Investment and Public Asset Management (DIPAM), the government has collected around Rs 2,413 crore in dividends from oil PSU BPCL. "In a post on X, DIPAM Secretary Tuhin Kanta Pandey mentioned that the Government has received approximately Rs 2,413 crore from BPCL as dividend tranche."
Rs 15,389.14 crore has been collected from dividends from the CPSEs in the ongoing financial year 2024-25. This consists of Rs 5,091 crore from Indian Oil Corp (IOC), Rs 40 crore from Electronics Corporation of India Ltd (ECIL), Rs 554 crore from Power Finance Corp, and Rs 3,443 crore from Telecommunications Consultants India Ltd (TCIL) in the form of special dividend.
In the present fiscal year, the government plans to gather Rs 56,260 crore in dividends from public sector enterprises, an increase from Rs 50,000 crore in the previous fiscal year of 2023-24. In a different announcement, LIC, the biggest insurance company in the country, distributed a dividend of Rs 3,662.17 crore for the financial year 2024 recently. This sum adds on to the Rs 2,441.45 crore interim dividend paid by LIC in March 2024.
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