TNPSC Thervupettagam

Highest-Ever Dividend for Government

May 26 , 2024 182 days 406 0
  • The Reserve Bank of India will pay a record 2.1 lakh crore dividend to the government for the fiscal ended March 31.
  • This is more than double of what was budgeted expectation.
  • The government had budgeted a receipt of 1.02 lakh crore as dividends from the RBI for the fiscal year 2024-25.
  • The dividend or surplus transfer by the RBI to the Centre was 87,416 crore for the fiscal 2022-23.
  • The previous high was 1.76 lakh crore in 2018-19.

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