The government has estimated the dividend from non-financial central public sector enterprises (CPSEs) for the current financial year at Rs 48000 crore in the interim Budget 2024-25.
The official said the interim budget estimates were based on projections for December 2023 and January 2024. Estimates will be higher in the full Budget as the dividend picture is now clearer. Let us know about the complete news.
The Finance Ministry is likely to increase the CPSE dividend estimate by Rs 5,000 crore to about Rs 53,000 crore for the current financial year 2024-25 in the full budget to be presented in July.
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What is the estimate?
The government has estimated dividend from non-financial central public sector enterprises (CPSEs) for the current financial year at Rs 48,000 crore in the interim Budget 2024-25. “The estimate may be increased to about Rs 5,000 crore in the full budget to be presented in July,” an official said.
The government raised this much money
The official said the interim budget estimates were based on projections for December 2023 and January 2024. Estimates will be higher in the full Budget, as the dividend picture is now clearer.
The government has received Rs 4,837.25 crore as dividend from CPSEs in the current financial year. Dividend receipts stood at Rs 63,000 crore in FY 2023-24, which was Rs 59,953 crore in FY 2022-23.
