CPSE dividend crosses Rs 50,000 crore for second consecutive year

The Centre has surpassed the Rs 50,000-crore mark in dividend receipts from central public sector enterprises (CPSEs) for the second consecutive year after receiving Rs 998 crore from NHPC.

In the revised estimates (RE), the Centre raised the dividend receipts from CPSEs to Rs 43,000 crore for FY23 against the Budget Estimates (BE) of Rs 40,000 crore. In FY22, the government had received Rs 59,000 crore as receipts from CPSEs.

During the current fiscal year (FY23) so far, Rs 50,279 crore has come as dividends from CPSEs.

“The government has received about Rs 998 crore from NHPC as a dividend tranche,” secretary, department