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Public Sector Undertakings (PSUs)


The government owned corporations are termed as Public sector Undertakings (PSUs) in India. In a PSU majority (51% or more) of the paid share capital is held by central government or by any state government or partly by the central government and partly by one or more state governments. Several Public Sector Undertakings (PSUs) under the aegis of Government of India regularly provide tremendous employment opportunities in various technical and management areas.

Maharatna PSUs: 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, IOCL, BHEL and GAIL.

Coal India Limited CIL
National Thermal Power Corporation NTPC
Oil and Natural Gas Corporation ONGC
Steel Authority of India Limited SAIL
Bharat Heavy Electricals Limited BHEL
Indian Oil Corporation Limited IOCL

Navratna PSUs: 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.

Status Number Of PSUs
Maharatna 7
Navratna 17
Miniratna Catagory- | 56
Miniratna Catagory- || 17

 

Organization Sector Status Salary Structure
Oil & Natural Gas Corporation Limited (ONGC) Petroleum & Natural Gas Maharatna Rs. 24,900-50,500
Indian Oil Corporation Limited (IOCL) Petroleum & Natural Gas Maharatna Rs. 23,000-46,500
National Thermal Power Corporation Limited (NTPC) Power Maharatna Rs. 24,900-50,500
Steel Authority of India Limited (SAIL) Mining Maharatna Rs.20,600-46500
Bharat Petroleum Corporation Limited (BPCL) Petroleum & Natural Gas Navratna Rs. 23,000-46,500
Gas Authority of India Limited (GAIL) Petroleum & Natural Gas Navratna Rs. 24,900-50,500
Hindustan Petroleum Corporation Limited (HPCL) Petroleum & Natural Gas Navratna Rs. 24,900-50,500
Oil India Limited (OIL) Petroleum & Natural Gas Navratna Rs. 24,900-50,500
Power Grid Corporation of India Limited (PGCIL) Power Navratna Rs. 24,900-50,500
Bharat Electronics Limited (BEL) Defense Navratna Rs. 16,400-40,500
Hindustan Aeronautics Limited (HAL) Defense Navratna Rs 16500-40500
National Mineral Development Corporation Limited (NMDC) Steel and Iron Navratna Rs. 16,400-40,500
Mahanagar Telephone Nigam Limited (MTNL) Communication & IT Navratna Rs. 24,900-50,500
Power Finance Corporation Limited Finance Navratna Rs. 24,900-50,500  
National Aluminum Company Limited (NALCO) Mining Navratna Rs. 16,400-40,500  
Shipping Corporation of India Limited Shipping Navratna Rs.20,600-46500  
Rural Electrification Corporation Limited Power Navratna Rs.20500-26500  
Mazagaon Docks Limited (MDL) Defense Mini-Ratna Rs. 16,400-40,500  
Engineers India Limited (EIL) Petroleum & Natural Gas Mini-Ratna Rs.20,600-46500  
Bharat Sanchar Nigam Limited (BSNL) Communication & IT Mini-Ratna Rs. 16,400-40,500  
RITES Infrastructure Mini-Ratna Rs. 16,400-40,500  
RITES Infrastructure Mini-Ratna Rs. 16,400-40,500  
National Hydroelectric Power Corporation (NHPC) Limited Power Mini-Ratna Rs.20,600-46500  
Airport Authority Of India Limited (AAI) Civil Aviation   Mini-Ratna Rs. 16,400-40,500  
Defense Research & Development Organization (DRDO) Defense   Govt. of India Rs. 15,600-39,100  
Bhabha Atomic Research Centre (BARC) Department of Atomic Energy   Govt. of India Rs. 15,600-39,100  
Electronics Corporation of India Limited (ECIL) Department of Atomic Energy Govt. of India Rs. 16,400-40,500  
Delhi Metro Rail Corporation (DMRC) Transportation Govt. of India Rs.20,600-46500  

 

Organization Age Criteria
GEN OBC SC/ST PH

Bridge & Roof co. (I) Ltd

24 years 24-27 years 29 years 29 years-General 32 years-OBC 34 years- SC/ST  

BHEL

27 years 27-30 years 32 years 32 years-General 35 years-OBC 37 years- SC/ST  

ONGC

30 years 30-33 years 35 years 35 years-General 38 years-OBC 40 years- SC/ST  

NTPC

27 years 27-30 years 32 years 32 years-General 35 years-OBC 37 years-SC/ST  

SAIL

30 years 30-33 years 35 years 35 years-General 38 years-OBC 40 years- SC/ST  

IOCL

26 years 26-29 years 31 years 31 years-General 34 years-OBC 36 years- SC/ST  

ISRO

28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  

PGCIL

28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  

HAL

28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  

NALCO

30 years 30-33 years 35 years 33 years-General 36 years-OBC 38 years- SC/ST  

GAIL

28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  

DRDO

28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  

DMRC

28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  

GAIL

26 years 26-29 years 31 years 31 years-General 34 years-OBC 36 years- SC/ST  

BPCL

28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  

MTNL

30 years 30-33 years 35 years 35 years-General 38 years-OBC 40 years- SC/ST  

HPCL

25 years 25-28 years 30 years 30 years-General 33 years-OBC 35 years- SC/ST  

BEL

25 years 25-28 years 30 years 30 years-General 33 years-OBC 35 years- SC/ST  

BARC

28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  

Indian Railways

22 to 35 age Group 22 to 35 age group + relaxable upto 3 years 22 to 35 age group +relaxable by 5 years 22 to 35 age group + 5 years-General 8 years-OBC 10 years- SC/ST  

VIZAG STEEL

25 years 25-28 years 30 years 30 years-General 33 years-OBC 35 years- SC/ST  

NHPC

30 years 30-33 years 35 years 35 years-General 38 years-OBC 40 years- SC/ST  

BSNL

30 years 30-33 years 35 years 35 years-General 38 years-OBC 40 years- SC/ST  

PRASAR BHARATI

27 years 27-30 years 32 years 32 years-General 35 years-OBC 37 years-SC/ST  
Organization Streams Applicable Percentage

Bridge & Roof co. (I) Ltd

EE, ME, CE

GEN OBC SC/ST PH

BHEL

EC, EE, ME, MT

65 65 60 60

ONGC

ECE, EE, ME, CE, CS, IN, CH, 

65 65 60 60

ONGC

ECE, EE, ME, CE, CS, IN, CH, 

65 65 60 60

NTPC

EC, EE, ME, EC, CS, IN

65 65 55 55

SAIL

EC ,EE,ME,CS, IN, CH, Metallurgy, Ceramics

65 65 50 50

IOCL

EC, EE, ME, CE, CS, IN

65 65 55 55

ISRO

EC, EE, ME, CS

65 65 65 65

PGCIL

EC, EE, CE, CS

65 65 pass pass

PGCIL

EC, EE, ME, Industrial, Production CS, IN ,  EE, ME, CS, IT, C&I, 

65 60 60 60

NALCO

 EE, ME, CS, IT, C&I,   Civil, Chemical, Metallurgy, Mining, 

65 65 55 55

GAIL

 EC, EE, ME, CS, IN, CH

65 65 60 60

DRDO

 EC, ME, EE, CS, CH

60 60 55 55

DMRC

 EC, EE, ME, CE

60 60 55 55

GAIL

 EC, EE, ME, CE

60 60 60 60

GAIL

 EC, EE, ME, CE

60 60 60 60

BPCL

 ME, CS, IN 

60 60 55 55

MTNL

EC, EE, CS, IT 

60 60 55 55

HPCL

EC, EE, ME, CE, IN, CH

60 60 50 50

BEL

EC, EE, ME, CE, CS, CH, Telecommunication

60 60 pass pass

Indian Railways

EC, EE, ME, CE,  CS or M.sc in Chemistry or Applied Chemistry, Metallurgy, CH

60 60 55 55

ECIL

EC, EE, ME, CE, CS, E&I

60 60 50 50

VIZAG STEEL

EC, EE, ME, CE, CH,  IN, Ceramics,

60 60 50 50

NHPC

EE, ME, CE

60 60 50 50

SJVNL

EC, EE, ME, Civil, IT

55 50 50 50

BSNL

Telecommunication, EC, Radio, CS, EE, IT, CE

       

BHARATI PRASAR

EC, EE, IT

       

 

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