How MAHARATNA, NAVRATNA and MINIRATNA Central Public Sector Enterprises are Categorised and What are the Eligibility Criteria and Process of Getting Employment? Must to Know Facts for FRESHERS!
Abstract : The central government owned companies are termed as Public Sector Undertakings later renamed as Central Public Sector Enterprises (CPSEs) . But Later, the Government of India further categorizes Central Public Sector Enterprises (CPSEs) under three different categories – Maharatna, Navratna, and Miniratna. These categorisations are based on different criteria. Criteria for Categorisation of Maharatna, Navratna and Miniratna Maharatna Companies – Eligibility Criteria & Benefits of the Maharatna Status PSUs in India are also categorised based on their special non-financial objectives and are registered under Section 8 of Companies Act, 2013 (erstwhile Section 25 of Companies Act, 1956). In 2010, the government established a higher Maharatna category. Eligibility Criteria: Must have a Navratna status Must be listed on Indian stock exchange with minimum prescribed public shareholding under Securities and Exchange Board of India (SEBI) regulations An aver