The Assam government has handed over a cheque of Rs 5 billion to Oil India Limited (OIL) to enhance its share in Numaligarh Refinery Limited (NRL) to 26 per cent from 12.5 per cent. The state government’s decision to increase its stake in NRL was taken in the budget proposals of 2020-21. At the time, its value was assessed at Rs 14 billion, but this subsequently increased to Rs 21.5 billion. With a share of 12.5 per cent, the state government would receive a dividend of Rs 3.35 billion. Now, with a 26 per cent share, if there is no major upheaval in the market, a dividend of Rs 5 billion is expected.