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What are PSUs?

PSU's are government-owned corporations or state-owned enterprises created by the Government of India to undertake commercial activities on behalf of government. Several Public Sector Undertakings (PSUs) under the aegis of Government of India regularly provide tremendous employment opportunities in various technical and management areas.

 

MAHARATNA PSU's:

Maharatna is the status given to top public sector enterprises where the companies have the authority to make foreign investments of upto Rs 5,000 crores without taking any government approval. To be qualified as Maharatna, the company should gain an annual net profit of over Rs. 5,000 crores, net worth of Rs. 15,000 crores and turnover of Rs. 25,000 crores over past three consecutive years. At present the companies which have Maharatna status are: SAIL, ONGC, NTPC, CIL and IOCL.

 

NAVRATNA PSU's:

Navratna status is conferred to the companies by the Department of Public Enterprises. To be qualified as a Navratna, the company must obtain a score of 60 out of 100. The score is based on six parameters which include net profit to net worth, total manpower cost to total cost of production or cost of services, PBDIT (Profit before depreciation, interest and taxes) to capital employed, PBDIT to turnover, EPS (Earning per Share) and inter-sectoral performance. Additionally, a company must first be a Miniratna and have four independent directors on its board before it can be made a Navratna. The Navratna status gives privileges to enhance financial and operational autonomy and empowers to invest up to Rs. 1000 crores or 15% of their net worth on a single project without seeking government approval. In a year, these companies can spend up to 30% of their net worth not exceeding Rs. 1000 crores. They will also have the freedom to enter joint ventures, form alliances and float subsidiaries abroad.


Maharatna CPSEs

  1. Bharat Heavy Electricals Limited
  2. Coal India Limited
  3. GAIL (India) Limited
  4. Indian Oil Corporation Limited
  5. NTPC Limited
  6. Oil & Natural Gas Corporation Limited
  7. Steel Authority of India Limited

Navratna CPSEs

  1. Bharat Electronics Limited
  2. Bharat Petroleum Corporation Limited
  3. Container Corporation of India Limited
  4. Engineers India Limited
  5. Hindustan Aeronautics Limited
  6. Hindustan Petroleum Corporation Limited
  7. Mahanagar Telephone Nigam Limited
  8. National Aluminium Company Limited
  9. National Buildings Construction Corporation Limited
  10. NMDC Limited
  11. Neyveli Lignite Corporation Limited
  12. Oil India Limited
  13. Power Finance Corporation Limited
  14. Power Grid Corporation of India Limited
  15. Rashtriya Ispat Nigam Limited
  16. Rural Electrification Corporation Limited
  17. Shipping Corporation of India Limited

Miniratna Category - I CPSEs

  1. Airports Authority of India
  2. Antrix Corporation Limited
  3. Balmer Lawrie & Co. Limited
  4. Bharat Coking Coal Limited
  5. Bharat Dynamics Limited
  6. BEML Limited
  7. Bharat Sanchar Nigam Limited
  8. Bridge & Roof Company (India) Limited
  9. Central Warehousing Corporation
  10. Central Coalfields Limited
  11. Chennai Petroleum Corporation Limited
  12. Cochin Shipyard Limited
  13. Dredging Corporation of India Limited
  14. Kamarajar Port Limited
  15. Garden Reach Shipbuilders & Engineers Limited
  16. Goa Shipyard Limited
  17. Hindustan Copper Limited
  18. HLL Lifecare Limited
  19. Hindustan Newsprint Limited
  20. Hindustan Paper Corporation Limited
  21. Housing & Urban Development Corporation Limited
  22. India Tourism Development Corporation Limited
  23. Indian Rare Earths Limited
  24. Indian Railway Catering & Tourism Corporation Limited
  25. Indian Renewable Energy Development Agency Limited
  26. India Trade Promotion Organisation
  27. IRCON International Limited
  28. KIOCL Limited
  29. Mazagaon Dock Limited
  30. Mahanadi Coalfields Limited
  31. Manganese Ore (India) Limited
  32. Mangalore Refinery & Petrochemical Limited
  33. Mishra Dhatu Nigam Limited
  34. MMTC Limited
  35. MSTC Limited
  36. National Fertilizers Limited
  37. National Seeds Corporation Limited
  38. NHPC Limited
  39. Northern Coalfields Limited
  40. North Eastern Electric Power Corporation Limited
  41. Numaligarh Refinery Limited
  42. ONGC Videsh Limited
  43. Pawan Hans Helicopters Limited
  44. Projects & Development India Limited
  45. Railtel Corporation of India Limited
  46. Rail Vikas Nigam Limited
  47. Rashtriya Chemicals & Fertilizers Limited
  48. RITES Limited
  49. SJVN Limited
  50. Security Printing and Minting Corporation of India Limited
  51. South Eastern Coalfields Limited
  52. State Trading Corporation of India Limited
  53. Telecommunications Consultants India Limited
  54. THDC India Limited
  55. Western Coalfields Limited
  56. WAPCOS Limited

Miniratna Category-II CPSEs

  1. Bharat Pumps & Compressors Limited
  2. Broadcast Engineering Consultants (I) Limited
  3. Central Mine Planning & Design Institute Limited
  4. Central Railside Warehouse Company Limited
  5. Ed.CIL (India) Limited
  6. Engineering Projects (India) Limited
  7. FCI Aravali Gypsum & Minerals India Limited
  8. Ferro Scrap Nigam Limited
  9. HMT (International) Limited
  10. HSCC (India) Limited
  11. Indian Medicines & Pharmaceuticals Corporation Limited
  12. M E C O N Limited
  13. Mineral Exploration Corporation Limited
  14. National Film Development Corporation Limited
  15. National Small Industries Corporation Limited
  16. P E C Limited
  17. Rajasthan Electronics & Instruments Limited