Public Sector Undertakings In India

Public Sector Undertakings In India

Public Sector Undertakings In India  for general knowledge current affairs for competitive exams  UPSC  SSC cgl chsl cpo Railway NTPC RRB Group D bank exams general awareness for entrance exams  

A state-owned enterprise in India is called a public sector undertaking – PSU or a public sector enterprise. In a PSU company, most shares, 51% or more, are owned by the central or state government. Central public sector enterprises are administered by the ministry of heavy industries and public enterprises.

It Includes all the Maharatna companies, Navratna companies, and Miniratna companies.

In 1951, there were just 5 enterprises in the public sector in India, but in March 2019, this had increased to 348.


Also read: National Symbols of India
 

The PSU companies in India are categorized as;

  • Maharatna
  • Miniratna
  • Miniratna Category-I
  • Miniratna Category-II

 

Maharatna

Eligibility: Three years with an average annual net profit of over Rs. 2500 crore, OR Average annual Net worth of Rs. 10,000 crore for 3 years, OR Average annual Turnover of Rs. 20,000 crore for 3 years (against Rs 25,000 crore prescribed earlier)


Also read: The Defence of India
 

 

Benefitsfor investment: Rs. 1,000 crore – Rs. 5,000 crore, or free to decide on investments up to 15% of their net worth in a project.

 

Navratna


Also read: Historical Monuments of India
 

Eligibility: A score of 60 (out of 100), based on six parameters which include net profit, net worth, total workforce cost, the total cost of production, cost of services, PBDIT (Profit Before Depreciation, Interest, and Taxes), capital employed, etc., AND A company must first be a Miniratna and have 4 independent directors on its board before it can be made a Navratna.

 

Benefits for investment: up to Rs. 1,000 crore or 15% of their net worth on a single project or 30% of their net worth in the whole year (not exceeding Rs. 1,000 crores).

 

 

 

 

 

 

 

Miniratna Category-I

Eligibility: Have made profits continuously for the last three years or earned a net profit of Rs. 30 crores or more in one of the three years

 

Benefits for investment: up to Rs. 500 crore or equal to their net worth, whichever is lower.

 

Miniratna Category-II

Eligibility: Have made profits continuously for the last three years and should have a positive net worth.

 

Benefits for investment: up to Rs. 300 crore or up to 50% of their net worth, whichever is lower.

 

List of Maharatnas PSU Companies

  1. NTPC Limited (NTPC)
  2. Oil and Natural Gas Corporation Limited (ONGC)
  3. Steel Authority of India Limited (SAIL)
  4. Bharat Heavy Electricals Limited (BHEL)
  5. Indian Oil Corporation Limited (IOCL)
  6. Hindustan Petroleum Corporation Limited (HPCL)
  7. Coal India Limited (CIL)
  8. GAIL India Limited (GAIL)
  9. Bharat Petroleum Corporation Limited (BPCL)
  10. Power Grid Corporation of India Limited (POWERGRID)
  11. Power Finance Corporation
  12. Rural Electrification Corporation Limited
  13. Oil India Limited


List of Navratnas PSU Companies

I . Bharat Electronics Limited

2. Container Corporation of India Limited

3. Engineers India Limited

4. Hindustan Aeronautics Limited

5. Mahanagar Telephone Nigam Limited

6. National Aluminium Company Limited

7. National Buildings Construction Corporation Limited

8. Neyveli Lignite Corporation Limited

9- NMDC t.imited

10. Rashtriya Ispat Nigam Limited

I l. Shipping Corporation of India Limited

12. Rail Vikas Nigam Limited

13. ONGC Videsh Ltd

14. Rashtriya Chemicals & Fertilizers Limited

15. IRCON International Limited

16. RITES Limited

 

List of Miniratna-I PSU Companies

I . Airports Aurhority 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. Braithwaite & Company Limired

9. Bridge & Roof Company (lndia) Limited

10. Central Warehousing Corporation

I l. Central Coalfields Limited

12. Central Mine Planning & Design Instirute Limited

13. Chennai Petroleum Corporation Limited

14. Cochin Shipyard Limited

I 5. Cotton Corporation of India Ltd.

16. EdCIL (lndia) Limited

17. Garden Reach Shipbuilders & Engineers Limited

18. Goa Shipyard Limited

19. Hindustan Copper Limited

20. Hindustan Steelworks Construction Limited

21. HLL Lifecare Limited

22. Hindustan Paper Corporation Limited

23. Housing & Urban Development Corporation Limited

24. HSCC (lndia) Limited

25. India Tourism Development Corporation Limited

26. Indian Rare Earths Limited

27 . Indian Railway Catering & Tourism Corporation Limited

28. Indian Railway Finance Corporation Limited

29. Indian Renewable Energy Development Agency Limited

30. India Trade Promotion Organization

3l. KIOCL Limited

32. Mazagaon Dock Shipbuilders Limited

33. Mahanadi Coalfields Limited

34. MOIL Limited

35. Mangalore Refinery & Petrochemical Limited

36. Mineral Exploration Corporation Limited

37. Mishra Dhatu Nigam Limited

38. MMTC Limited

39. MSTC Limited

40. National Fertilizers Limited

41. National Projects Construction Corporation Limited

42. National Small Industries Corporation Limited

43. National Seeds Corporation

44. NHPC Limited

45. Northem Coalfields Limited

46. North Eastem Electric Power Corporation Limited

47. Numaligarh Refinery Limited

48. Pawan Hans Helicopters Limited

49. Projects & Development India Limited

50. Railtel Corporation of India Limited

51. SJVN Limited

52. Security Printing and Minting Corporation of India Limited

53. South Eastem Coalfields Limited

54. Telecommunications Consultants India Limited

55. THDC India Limited

56. Westem Coalfields Limited

57. WAPCOS Limited

 

List of Miniratna-II -PSU Companies

I . Artificial Limbs Manufacturing Corporation of India

2. Bharat Pumps & Compressors Limited

3. Broadcast Engineering Consultants India Limited

4. Engineering Projects (India) Limited

5. FCI Aravali Gypsum & Minerals India Limited

6. Ferro Scrap Nigam Limited

7. HMT (lnternational) Limited

8. Indian Medicines & Pharmaceuticals Corporation Limited

9. MECON Limited

10. National Film Development Corporation Limited

11 . Rajasthan Electronics & Instruments Limited

Trending post: last six months current affairs
Share This News

Latest Comments "Public Sector Undertakings In India "

Join the Discussion