New Delhi, Dec. 31 -- Dividends received by the central government from Central Public Sector Enterprises (CPSEs) have recorded a steady and notable rise over the last five financial years, broadly surpassing the government's revised estimates (RE).

Dividends are a key source of non-tax revenue for governments.

The recent dividend payout trend among state-owned companies underscores the impact of improved capital management, stronger financial performance, and enhanced government oversight.

According to data released by the Ministry of Finance, actual dividend collections in 2020-21 stood at Rs 39,750 crore, comfortably exceeding the Revised Estimate of Rs 34,717 crore. This outperformance set the tone for subsequent years, even as the...