Centre’s PSU Dividends Nearly Double Since 2020
• The Centre has nearly doubled the dividends it received from public sector undertakings (PSUs) to ₹74,000 crore over the past five years.
• The analysis by The Hindu shows a significant reliance on oil, gas, and coal companies for these dividends.
• Five fuel-related PSUs accounted for 42% of the total dividends collected since 2020-21.
• The two directly owned public sector oil marketing companies (OMCs) IOC and BPCL saw a 255% increase in their dividend payouts to the government since 2022-23.
• The total dividends from non-banking PSUs have grown consistently since the COVID-19 pandemic.
• The government collected ₹39,558 crore as dividends from these companies in 2020-21, which almost doubled to ₹74,017 crore by 2024-25.