The Centre will receive an amount of ₹3,056 crore as dividend from Maharatna PSU Coal India Ltd as the miner has announced an interim dividend at a rate of ₹7.50 per share for the 2020-21 financial year, an official said.
The total interim dividend outgo for Coal India will be ₹4,622 crore after the company’s board approved it, he said.
“The government will get around ₹3,056 crore as a dividend for its shareholding of 66.13 per cent in the company,” the official said.