Dividend windfall may help stretched govt finances as PSUs' financials strengthen

New Delhi, July 20 The dividend windfall from government's holding in public sector undertakings will provide much needed relief to the treasury hard pressed on account of falling revenue and rising expenses for Covid relief work.

According to estimates, with the economy coming back on rails after getting ravaged in the two waves of Covid, dividend income for the government from PSUs may shoot up again in FY22 close to the original budgeted levels for FY21 at over Rs 60,000 crore.

Government sources said that most PSUs are performing well and numbers for the first quarter are indicative of rising revenues and profitability. If this is sustained, the government may get higher income as PSUs dividend this year. Though official sources maintained that no numbers had been worked out as yet, it could be close to double of Rs 30,000 crore garnered from roughly two dozen PSUs in FY21.

In a tweet earlier, Dipam secretary Tuhin Kanta Pandey had said: "Dividend receipts of GoI