Govt gets over Rs 3,400 crore dividend from NIIF, ECGC

The government has already mopped up Rs 5,200 crore as dividends from public sector companies so far in the current fiscal.

PTI

July 31, 2023 / 15:39 IST

Government received Rs 3,031 from NIIF.

The government has received over Rs 3,400 crore as dividend tranches from NIIF and ECGC. The government has already mopped up Rs 5,200 crore as dividends from public sector companies so far in the current fiscal.

"Government has respectively received about Rs 3,031 crore and Rs 434 crore from National Investment and Infrastructure Fund Ltd (NIIFL) and ECGC as dividend tranches,” Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey tweeted.

PTI

first published: Jul 31, 2023 03:38 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347