Mamata Banerjee Receives Cheques of Dividend from Seven PSUs of Railways

The Minister of Railways, Mamata Banerjee received cheques of dividend amounting to Rs. 311.88 crore for the year 2009-10 from the seven Public Sector Undertakings (PSUs) under the Ministry of Railways, here today. At a programme in Rail Bhawan today, Chairman and Managing Directors of seven PSUs namely, Container Corporation of Indian Limited (CONCOR), Indian Railway Finance Corporation (IRFC), IRCON International Limited, Railtel Corporation of India Limited (RCIL), RITES Limited, Indian Railways Catering and Tourism Corporation (IRCTC) and Rail Vikas Nigam Limited (RVNL) were personally present to separately handover the cheques to the Railway Minister. Chairman, Railway Board, Shri Vivek Sahai and other Board Members were among those present on the occasion.

The dividend amounts paid by respective PSUs are; CONCOR (Rs.114.65 crore), IRFC (Rs. 100 crore), IRCON (Rs. 36.62 crore), Railtel (Rs. 15 crore), RITES (Rs. 23 crore), IRCTC (Rs.12.61 crore) and RVNL (Rs. 10 crore). 

The total dividend paid by these seven PSUs in the financial year 2008-09 amounted to Rs. 281.56 crore