THE CENTRE'S DIVIDEND receipts from the central public sector enterprises (CPSES) stood at ₹43,843 crore as of January 1, crossing the 2023-24 budget estimate (BE) of ₹43,000 crore, giving further comfort on the fiscal front.
The dividend receipts of ₹39,086 crore so far in FY24 were 26 % higher than the receipts in the corresponding period of last fiscal.
Given that the oil marketing companies' (OMCs') profitability has improved substantially due to softening of global crude prices, the CPSE dividend receipts will likely exceed ₹60,000 crore comfortably in FY24 as against the budget target of ₹43,000 crore.
Denne historien er fra January 02, 2024-utgaven av Financial Express Mumbai.
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Denne historien er fra January 02, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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