Govt to ask PSUs for Rs 10,000-cr special dividends
To bridge the likely shortfall in the Rs 40,000-crore disinvestment target for this financial year, the government might soon direct cash-rich public sector undertakings (PSUs) to announce special dividends. The Centre was looking at around Rs 10,000 crore from special dividends, said a Department of Disinvestment (DoD) official. The special dividend would be over and above the dividends state-owned companies pay the government every year.
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