The federal government has actually obtained regarding Rs 2,413 crore in rewards from oil PSU BPCL, the Department of Investment and Public Asset Management (DIPAM) stated on Monday.
“Government has received about Rs 2,413 crore from BPCL as dividend tranche,” DIPAM Secretary Tuhin Kanta Pandey stated in a blog post on X.
In the existing fiscal year 2024-25 up until now, Rs 15,389.14 crore has actually been obtained via rewards from the CPSEs.
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) as unique reward.
In the existing financial, the federal government has actually allocated to accumulate Rs 56,260 crore as rewards from public market ventures, up from Rs 50,000 crore in the 2023-24 financial.
Separately, the nation’s biggest insurance firm Life Insurance Corporation (LIC) paid a returns of Rs 3,662.17 crore for FY24 recently.
This quantity remains in enhancement to the acting reward of Rs 2,441.45 crore paid by LIC in March 2024.
(This tale has actually not been modified by News18 personnel and is released from a syndicated information firm feed – PTI)
