Government Reaps Over Rs 6,600 Crore As Dividend From A Dozen CPSEs

New Delhi: Government has obtained about Rs 6,600 crore as dividend tranches from a dozen central public sector enterprises (CPSEs), together with GAIL, NMDC and Power Grid."Government has received about Rs 972 crore and Rs 2506 crore from Nuclear Power Corporation of India Limited (NPCIL) and Power Grid Corporation of India Limited as Dividend tranches," division of funding and public asset administration (DIPAM) secretary Tuhin Kanta Pandey stated in a tweet on Monday.Besides, Hindustan Aeronautics, Bharat Electronics, HLL Lifecare Ltd, FAGMIL and NSIC have given Rs 351 crore, Rs 149 crore, Rs 19 crore, Rs 12 crore and Rs 31 crore as dividend tranches, respectively."Government has received about Rs 1605 crore and Rs 913 crore from NMDC and GAIL respectively as Dividend tranches," he stated in one other tweet.About Rs 42 crore, Rs 26 crore and Rs 25 crore had been obtained from Central Warehousing Corporation, National Highways Infrastructure Development Corporation and WAPCOS, he stated.In combination, the federal government obtained Rs 6,651 crore as dividend on Monday from these 12 corporations. With this, whole proceeds from dividend from public sector enterprises reached near Rs 40,000 crore for the present fiscal thus far.