PSU dividends to Centre almost double since 2020; over 40% comes from five fuel PSUs
IOC, BPCL see 255% hike in payouts to Centre, benefiting from 65% crash in crude rates, but only pass on 2% drop in retail petrol prices; faced with slow disinvestment, Centre mandates high dividends from top PSUs
IOC, BPCL see 255% hike in payouts to Centre, benefiting from 65% crash in crude rates, but only pass on 2% drop in retail petrol prices; faced with slow disinvestment, Centre mandates high dividends from top PSUs
