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PSUs

PSUs 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 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 and IOCL.
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 Category- | 56
Miniratna Category- || 17
ORGANIZATIONAGE CRITERIA
GENOBCSC/STPH
BHEL27 Years27-30 years32 years32 years – General
35 years – OBC
37 years – SC/ST
ONGC30 years30 – 33 years35 years35 years-General
38 years – OBC
40 years – SC/ST
NTPC27 years27 – 30 years32 years32 years-General
35 years – OBC
37 years – SC/ST
SAIL30 years30 – 33 years35 years35 years-General
38 years – OBC
40 years – SC/ST
IOCL26 years26 – 29 years31 years31 years-General
34 years – OBC
36 years – SC/ST
ISRO28 years28 – 31 years33 years33 years-General
36 years – OBC
38 years – SC/ST
PGCIL28 years28 – 31 years33 years33 years-General
36 years – OBC
38 years – SC/ST
HAL28 years28 – 31 years33 years33 years-General
36 years – OBC
38 years – SC/ST
NALCO30 years30 – 33 years35 years35 years-General
38 years – OBC
40 years – SC/ST
GAIL28 years28 – 31 years33 years33 years-General
36 years – OBC
38 years – SC/ST
DRDO28 years28 – 31 years33 years33 years-General
36 years – OBC
38 years – SC/ST
DMRC28 years28 – 31 years33 years33 years-General
36 years – OBC
38 years – SC/ST
GAIL26 years26 – 29 years31 years31 years-General
34 years – OBC
36 years – SC/ST
BPCL28 years28 – 31 years33 years33 years-General
36 years – OBC
38 years – SC/ST
MTNL30 years30 – 33 years35 years35 years-General
38 years – OBC
40 years – SC/ST
HPCL25 years25 – 28 years30 years30 years-General
33 years – OBC
35 years – SC/ST
BEL25 years25 – 28 years30 years30 years-General
33 years – OBC
35 years – SC/ST
BARC28 years28 – 31 years33 years33 years-General
36 years – OBC
38 years – SC/ST
Indian Railways22 to 35 age Group22 to 35 age group + relaxable upto 3 years22 to 35 age group + relaxable by 5 years22 to 35 age group + 5 years-General
8 years OBC
10 years SC/ST
ECIL25 years25 – 28 years30 years30 years-General
33 years – OBC
35 years – SC/ST
VIZAGSTEEL25 years25 – 28 years30 years30 years-General
33 years – OBC
35 years – SC/ST
NHPC30 years30 – 33 years35 years35 years-General
38 years – OBC
40 years – SC/ST
SJVNL30 years30 – 33 years35 years35 years-General
38 years – OBC
40 years – SC/ST
BSNL30 years30 – 33 years35 years35 years-General
38 years – OBC
40 years – SC/ST
OrganizationStreams ApplicablePercentage
NAMECATEGORY GENOBCSC/STPH
BHELEC, EE, ME, MT65656060
ONGCECE, EE, ME, CE, CS, IN, CH,65656060
ONGCECE, EE, ME, CE, CS, IN, CH,65656060
NTPCEC, EE, ME, EC, CS, IN65655555
SAILEC ,EE,ME,CS, IN, CH, Metallurgy, Ceramics65655050
IOCLEC, EE, ME, CE, CS, IN65655555
ISROEC, EE, ME, CS65656565
PGCILEC, EE, CE, CS6565passpass
PGCILEC, EE, ME, Industrial, Production CS, IN ,  EE, ME, CS, IT, C&I,65606060
NALCOEE, ME, CS, IT, C&I,   Civil, Chemical, Metallurgy, Mining,65655555
GAILEC, EE, ME, CS, IN, CH65656060
DRDOEC, ME, EE, CS, CH60605555
DMRCEC, EE, ME, CE60605555
GAILEC, EE, ME, CE60606060
GAILEC, EE, ME, CE60606060
BPCLME, CS, IN60605555
MTNLEC, EE, CS, IT60605555
HPCLEC, EE, ME, CE, IN, CH60605050
BELEC, EE, ME, CE, CS, CH, Telecommunication6060passpass
Indian RailwaysEC, EE, ME, CE,  CS or M.sc in Chemistry or Applied Chemistry, Metallurgy, CH60605555
ECILEC, EE, ME, CE, CS, E&I60605050
VIZAG STEELEC, EE, ME, CE, CH,  IN, Ceramics,60605050
NHPCEE, ME, CE60605050
SJVNLEC, EE, ME, Civil, IT55505050
OrganizationSectorStatusSalary Structure
Oil & Natural Gas Corporation Limited (ONGC)Petroleum & Natural GasMaharatnaRs. 24,900-50,500
Indian Oil Corporation Limited (IOCL)Petroleum & Natural GasMaharatnaRs. 23,000-46,500
National Thermal Power Corporation Limited (NTPC)PowerMaharatnaRs. 24,900-50,500
Steel Authority of India Limited (SAIL)MiningMaharatnaRs.20,600-46500
Bharat Petroleum Corporation Limited (BPCL)Petroleum & Natural GasNavratnaRs. 23,000-46,500
Gas Authority of India Limited (GAIL)Petroleum & Natural GasNavratnaRs. 24,900-50,500
Hindustan Petroleum Corporation Limited (HPCL)Petroleum & Natural GasNavratnaRs. 24,900-50,500
Oil India Limited (OIL)Petroleum & Natural GasNavratnaRs. 24,900-50,500
Power Grid Corporation of India Limited (PGCIL)PowerNavratnaRs. 24,900-50,500
Bharat Electronics Limited (BEL)DefenseNavratnaRs. 16,400-40,500
Hindustan Aeronautics Limited (HAL)DefenseNavratnaRs 16500-40500
National Mineral Development Corporation Limited (NMDC)Steel and IronNavratnaRs. 16,400-40,500
Mahanagar Telephone Nigam Limited (MTNL)Communication & ITNavratnaRs. 24,900-50,500
Power Finance Corporation LimitedFinanceNavratnaRs. 24,900-50,500
National Aluminum Company Limited (NALCO)MiningNavratnaRs. 16,400-40,500
Shipping Corporation of India LimitedShippingNavratnaRs.20,600-46500
Mazagaon Docks Limited (MDL)DefenceMini-RatnaRs. 16,400-40,500
Engineers India Limited (EIL)Petroleum & Natural GasMini-RatnaRs.20,600-46500
Bharat Sanchar Nigam Limited (BSNL)Communication & ITMini-RatnaRs. 16,400-40,500
National Hydroelectric Power Corporation (NHPC) LimitedPowerMini-RatnaRs.20,600-46500
Airport Authority Of India Limited (AAI)Civil AviationMini-RatnaRs. 16,400-40,500
Defense Research & Development Organization (DRDO)DefenseGovt. of IndiaRs. 15,600-39,100
Bhabha Atomic Research Centre (BARC)Department of Atomic EnergyGovt. of IndiaRs. 15,600-39,100
Electronics Corporation of India Limited (ECIL)Department of Atomic EnergyGovt. of IndiaRs. 16,400-40,500
Delhi Metro Rail Corporation (DMRC)TransportationGovt. of IndiaRs.20,600-46500