Centre Eyes Rs 3.16 Lakh Crore Dividend from RBI, Banks in FY27

• The Centre projects a Rs 3.16 lakh crore dividend from RBI, nationalised banks, and financial institutions for FY27.
• This expected amount marks a 3.75% increase over the current fiscal year's Revised Estimate.
• For the current fiscal, the government anticipates Rs 3.05 lakh crore, exceeding the initial budget estimate of Rs 2.56 lakh crore.
• Dividends from public sector enterprises and other investments are estimated to rise to Rs 75,000 crore.
• Dividend and RBI surplus transfers contribute to the non-tax revenue category, which is projected at Rs 6.66 lakh crore for FY27.

Why It Matters: The Centre forecasts a significant increase in dividends from RBI and banks, boosting non-tax revenue for FY27.