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Is Miniratna a PSU?
74 Miniratna Companies – Central Public Sector Enterprises (CPSEs) Miniratna Companies are divided into 62 Miniratna Category-I and 12 Miniratna Category-II companies. As of January 2020, there are 74 Miniratna Public Sector Undertakings (PSU’s). This article provides brief information on 14 major Miniratna companies.
What is Maharatna Navaratna Miniratna?
The government grants the status of Navratna, Miniratna and Maharatna to Central Public Sector Enterprises (CPSEs) based upon the profit made by these CPSEs. These companies are owned and operated by the Union Government of India, or a state government, or both.
What is Miniratna status?
Miniratna Category-I status: – The CPSEs which have made profit in the last three years continuously, pre-tax profit is Rs. 30 crores or more in at least one of the three years and have a positive net worth are eligible to be considered for grant of Miniratna-I status.
How many Maharatnas are there in India?
10 Maharatna Companies
There are a total of 10 Maharatna Companies in India. These include NTPC, ONGC, SAIL, BHEL, IOCL, HPCL, CIL, GAIL, BPCL and Power Grid Corporation of India.
Will NLC become Maharatna?
It was also moving towards raising the total generating capacity of about 12,221 MW against the present capacity of 2,990 MW towards achieving Maharatna status, he said. …
What is the criteria for Miniratna?
Is BHEL a Maharatna?
Consistent high performance, while operating in a highly competitive environment and fulfillment of the required eligibility criteria has enabled Bharat Heavy Electricals Limited (BHEL) to attain the MAHARATNA status. The Govt. of India has granted the MAHARATNA status to BHEL.
Which is the No 1 petroleum company in India?
Bharat Petroleum
Best Oil and Gas Companies In India
| S.N. | Company Name | Location |
|---|---|---|
| 1 | Bharat Petroleum | Mumbai |
| 2 | Aban Offshore | Chennai |
| 3 | Aban Offshore Limited | Chennai |
| 4 | Abhay Ocean India Pvt Ltd | Mumbai |
Criteria for grant of Navratna status to PSUs To get Navratna status, the company (PSU) must full-fill the following criteria: The company should have Miniratna-I, Schedule ‘A’ status. The PSU should have obtained ‘excellent’ or ‘very good’ MoU rating in three of the last five years.
What is Miniratna Category-II status for PSUs?
Miniratna Category-II status: – PSUs which have made a profit for the last three years continuously and have a positive net worth are eligible to be considered for grant of Miniratna-II status. Miniratna PSUs should have not defaulted in the repayment of loans/interest payment on any loans due to the government.
What are the different types of PSUs in India?
The government has divided all the Public Sector Undertakings (PSUs) mainly in three categories namely Maharatna, Navratna and Miniratna New Delhi: The government has divided all Public Sector Undertakings (PSUs) mainly in three categories, namely Maharatna, Navratna and Miniratna, according to their performance and other criteria.
Can Navratna PSU enter into technology joint venture and strategic alliances?
Laying Down Guidelines And Parameters For The Board Of Directors Of Navratna PSUs To Enter Into Technology Joint Venture And Strategic Alliances. (DPE OM No. 11 (32)/96-Fin. Dated 17th January, 2000) Review Of The Performance Of Navratna And Miniratna Enterprises-Grant/Divestment Of Status Thereof.