Centre
Cash - Fiscal Deficit
| March 31, 2024, 9:51 a.m.
Centre's Dividend Receipts from CPSEs Exceed Revised Estimate by 26% to ₹63,000 Crore
The actual dividend collections for the fiscal year 2023-24 have exceeded expectations, with CPSEs delivering a remarkable financial performance. Dividend tranches from key entities like ONGC, Coal India, and others have boosted government revenues and shareholder interests. These dividends not only reflect the health of CPSEs but also serve to maintain investor interest in PSU shares.
Read More.| March 12, 2024, 10:47 a.m.
Supreme Court Urges Centre to Provide One-Time Financial Package to Kerala to Address Crisis
The Supreme Court, headed by Justice Surya Kant, has urged the Centre to extend a one-time financial package to Kerala to help the state overcome its current financial crisis before March 31. While initially hesitant, the Centre agreed to discuss the matter and report back to the court. The court emphasized that Kerala could be granted special assistance with stricter conditions, considering it a unique case. The exchange occurred during a hearing on Kerala's plea alleging violations of federal governance by the Union government, which imposed limitations on the state's borrowing powers.
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