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Question

In April 2025, which Government of India enterprise declared its first-ever dividend of $1.42$ crore for the 2023-24 fiscal year, since its inception in 2011?

The correct answer is
Agrinnovate India Limited

Agrinnovate India Limited Declares First Dividend

The question asks to identify a Government of India enterprise that, since its inception in 2011, declared its first-ever dividend in April 2025 for the 2023-24 fiscal year. The dividend amount was specified as $1.42$ crore.

Key Details of the Dividend Declaration

  • Company: Agrinnovate India Limited
  • Event: Declaration of its first-ever dividend.
  • Announcement Date: April 2025.
  • Financial Period: Fiscal Year 2023-24.
  • Dividend Amount: $1.42$ crore.
  • Inception Year: 2011.

Understanding the Milestone

Agrinnovate India Limited is a Government of India enterprise established in 2011. In April 2025, the company achieved a significant financial milestone by announcing its inaugural dividend payment. This dividend is specifically for the performance during the 2023-24 fiscal year. The amount declared signifies the company's successful financial operations and its move towards profit distribution since its founding.

This event marks an important step for Agrinnovate India Limited, showcasing its growth and financial maturity over the years.

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Important Questions from Initiatives by Government

  1. Plan allocation in agriculture and irrigation as percentage of total plan outlay was highest in:

  2. The idea of Planning in Independent India was drawn from
  3. Match List I with List-II and select the correct answer using the code given below the Lists:

    List I

    (Major Objective)

    List II

    (Five Year Plan)

    A. Faster and more inclusive growth

    1. First

    B. Faster, more inclusive, and sustainable growth

    2. Fifth

    C. Correction of disequilibrium caused by the Second World War

    3. Eleventh

    D. Attaining self-reliance

    4. Twelfth

  4. The call for Garibi Hatao was incorporated in

  5. Which Five Year Plan of India focused on rapid industrialization based growth process?

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