The Centre has collected Rs 59,638 crore in dividends from its share in Central Public Sector Enterprises (CPSEs) to date in FY25, surpassing the revised goal of Rs 55,000 crore, in keeping with official knowledge. The federal government’s complete DIPAM receipts now stand at Rs 68,263 crore, together with Rs 8,625 crore from disinvestment proceeds.
For the reason that post-election Price range of June 2024, the federal government has moved away from setting disinvestment targets, focusing as a substitute on boosting non-tax income collections.
Sources point out that oil and gasoline corporations have been the best dividend contributors in FY25.
Dividend receipts from CPSEs type a key a part of the Centre’s non-tax income, alongside the Reserve Financial institution of India’s surplus switch and telecom spectrum receipts. For FY25, the federal government has set the revised estimate (RE) for non-tax income at Rs 5.31 lakh crore.
On November 18, 2024, DIPAM issued new tips on CPSE capital restructuring, changing the Could 2016 framework. These updates replicate evolving market circumstances, regulatory modifications, and sectoral shifts. The revised tips intention to reinforce CPSE worth and shareholder returns, enhance operational and monetary flexibility, enhance effectivity, and encourage broader investor participation.
CPSE dividend payouts have persistently exceeded revised estimates in recent times. In FY21, dividends stood at Rs 39,750 crore, rising to Rs 59,294 crore in FY22, Rs 59,533 crore in FY23, and Rs 63,749 crore in FY24.
For FY26, the Centre has set its dividend receipt goal at ₹69,000 crore, indicating a continued concentrate on income technology from state-owned enterprises.
