The third largest economy in Asia increases pressure on state companies.
yesterday, 02:12
836

Journalist
Shostal Oleksandr
yesterday, 02:12
836

The Indian government is urging state companies to increase dividend payouts by 25% in the current financial year to strengthen the country's financial stability. With these payouts, the government plans to raise about 900 billion rupees over the year.
Prime Minister Narendra Modi previously lowered taxes for the middle class and is now hoping for high dividends to balance the budget and ensure economic growth. The decision to increase payouts is supported by a record transfer from the central bank of 2.69 trillion rupees.
The Indian government aims to support the country's economy amid global instability and achieve a deficit of 4.4% using various measures, including increasing dividend payouts.
The Indian government urges state companies to increase dividend payouts by 25% in the current financial year to strengthen the country's financial stability. Prime Minister Narendra Modi hopes that high dividends will help balance the budget and ensure economic growth, especially after a record transfer from the central bank. The government emphasizes supporting the economy and achieving a deficit at an acceptable level amid global instability.
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