Rs 2.56 lakh crore! Central government sets dividend target from PSBs, PSUs - Details

The Indian government has set a target of ₹2.56 lakh crore in dividends from public sector banks (PSBs) and public sector undertakings (PSUs) for the fiscal year. This target reflects the government’s efforts to maximize returns from state-owned entities and use the funds to support its fiscal objectives. The dividend payout from PSBs and PSUs is expected to be an important source of revenue for the government, which will help finance welfare and infrastructure projects across the country. The move also highlights the government’s focus on improving the performance of public sector enterprises.