November 26, 2022

At ₹18,719 crore, Centre’s PSU dividend receipts close to 50%

Madan Sabnavis, chief economist at the Bank of Baroda, said the dividend picture for FY23 will be mixed. 

At ₹18719 crore Centres PSU dividend receipts near 50

Dividend receipts from central public sector enterprises (CPSEs) are among the many principal sources of income for the Centre and the income from this supply far exceeded the Funds estimates in FY21 and FY22. Whereas the dividend receipts thus far in FY23 have been good, a big half pertains to the efficiency in FY22. With the outlook extra subdued for commodity producers this fiscal, bounteous dividends will not be on the playing cards for the remainder of the yr.

In FY21, the Centre mopped up ₹39,750…

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