Indian Govt Received Over Rs 5,000 Crore As Dividends From These Companies In Past 3 Days

Government of India has been actively receiving dividend tranches from various public sector companies. Today, September 8, Govt said it received Rs 1,223 as dividend tranche from Coal India. Again earlier this week, it received Rs 2,408 crore and Rs 1,745 crore from ONGC and IOCL as dividends.

Written by: India.com News Desk Edited by: India.com Business Desk

Published: September 8, 2022, 5:58 PM IST

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https://www.india.com/business/indian-govt-dividend-coal-india-gail-ongc-ecgc-5619812/ Copy

New Delhi: The government of India received a total of Rs 5,879 crore as dividends between September 6 and September 8, according to data from Department of Investment and Public Asset Management under the Ministry of Finance.

THESE ARE THE COMPANIES BEHIND THE ABOVE DIVIDENDS

• Coal India Ltd: Rs 1,223 crore
• Export Credit Guarantee Corporation of India (ECGC): Rs 277 crore
• Gas Authority of India Limited (GAIL): Rs 226 crore
• Oil and Natural Gas Corporation (ONGC): Rs 2,408 crore

Apart from these companies, DIPAM also said that the government of India received Rs 69 crore as dividend tranche from Rail India Technical and Economic Service (RITES) and Rs 67 crore from Container Corporation of India (CONCOR) as dividend tranche in the month of September. Earlier, in March, it was reported that the government received Rs 4353 crore as dividend tranches from seven public sector enterprises.