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Published 1 year ago

Govt gets Rs 5,001 crore dividend from ONGC; total dividend from CPSEs reaches Rs 23,797 crore so far in FY23

Summary by Ground News
The government has received about Rs 5,001 crore as dividend tranche from ONGC. CPSEs are required to pay a minimum annual dividend of 30% of profit after tax or 5% of net worth, whichever is higher. Total dividend receipts so far this fiscal stood at Rs 23,796.6 crore.

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