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30 July 2026

LIC dividend payment to government

The dividend payment by a major public sector entity like LIC serves as useful context for understanding government revenue sources and the financial performance of state-owned enterprises, though it is not a direct exam topic.

1 min read 1 questions 1 prelims

Notes

  • Life Insurance Corporation of India (LIC) has paid a dividend of ₹12,207.25 crore to the Government of India.
  • The dividend payment was approved by shareholders during the annual general meeting held on July 27.
  • As of March 31, 2026, LIC reported an asset base of ₹59.03 lakh crore.
  • LIC is currently approaching its 70th year of operations.

Questions

  1. Discuss the role of dividend payments from Public Sector Undertakings (PSUs) in strengthening the fiscal position of the Union Government. 150 words
    Attempt this — 150 words in 8 min
    0 / 150 words 8:00

Prelims

  1. What was the total dividend amount paid by the Life Insurance Corporation of India (LIC) to the Government of India as per recent reports?