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Public Sector Unit (PSU) Companies Dividend

It is a windfall gain for the govt as it has got Rs 16000 as interim dividend from govt PSU’s.

COAL INDIA - Rs 5400 Crores
ONGC – Rs 4853 Crores
NTPC - Rs 2439 Crores
NMDC - Rs  714 Crores
OIL INDIA - Rs 660 Crores
POWER FIN.CORPN. - Rs 487 Crores
BHEL - Rs 451 Crores
REC - Rs 330 Crores
POWER GRID CORPN - Rs 257 Crores
SAIL - Rs 425 Crores

No doubt fiscal deficit can be effectively managed by the dividends. Thus seeing the windfall gains govt should not go out blindly disinvesting the Kamdhenu Cows i.e. Navratnas of India.

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