SF Prep Notes

Rajnath Singh reviews DPSUs, receives dividend cheques of ₹1,620 crore

On 29 October 2024, at South Block, New Delhi, Defence Minister Rajnath Singh reviewed the performance of Defence PSUs and received dividend cheques totalling ₹1,620 crore from seven DPSUs.

Summary

On 29 October 2024, Raksha Mantri Rajnath Singh reviewed the performance of Defence Public Sector Undertakings (DPSUs) at South Block, New Delhi. He directed them to put dedicated effort into R&D, exports and indigenisation. He congratulated HAL's CMD on HAL becoming India's 14th Maharatna PSU and the first among DPSUs. At the end of the review, HAL, Bharat Electronics, BEML, Bharat Dynamics, Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers and Goa Shipyard handed over dividend cheques amounting to ₹1,620 crore.

Key facts

Date
29 Oct 2024
Place
South Block, New Delhi
Dividend
₹1,620 crore from 7 DPSUs
DPSUs
HAL, BEL, BEML, BDL, MDL, GRSE, GSL
HAL
14th Maharatna PSU; first among DPSUs

Practice MCQs 2 questions

Q1

What was the total of the dividend cheques handed to the Defence Minister by seven DPSUs on 29 October 2024?

Show answer

Correct answer: A — ₹1,620 crore

PIB (MoD), 29 Oct 2024: seven DPSUs handed over dividend cheques amounting to Rs. 1,620 crore.

Q2 Advanced

At the DPSU review on 29 October 2024, HAL was congratulated on becoming India's Maharatna PSU number:

Show answer

Correct answer: C — 14th

PIB (MoD), 29 Oct 2024: HAL got Maharatna status, becoming the 14th Maharatna PSU of India and the first among the DPSUs.

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