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 PSUs under the aegis of Government of India regularly provide tremendous employment opportunities in various technical and management areas.

PSUs Salary Structure
PSUs Age Criteria
PSUs Percentage Criteria

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: BHEL, BPCL, CIL, GAIL, HPCL, IOCL, NTPC, ONGC, PGCIL & SAIL.

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	11
Navratna	13
Miniratna Category- I	61
Miniratna Category- II	12

PSUs Salary Structure

Organization11	Status	Salary Structure
Oil & Natural Gas Corporation Limited (ONGC)	Maharatna	Rs. 60,000-1,80,000
Indian Oil Corporation Limited (IOCL)	Maharatna	Rs. 60,000-1,80,000
National Thermal Power Corporation Limited (NTPC)	Maharatna	Rs. 60,000-1,80,000
Coal India Limited (CIL)	Maharatna	Rs. 60,000-1,80,000
Steel Authority of India (SAIL)	Maharatna	Rs. 60,000-1,80,000
Bharat Petroleum Corporation Limited (BPCL)	Maharatna	Rs. 60,000-1,80,000
Gas Authority of India Limited (GAIL)	Maharatna	Rs. 60,000-1,80,000
Neyveli Lignite Corporation Limited(NLC)	Navratna	Rs.20600-46500
Hindustan Petroleum Corporation Limited (HPCL)	Navratna	Rs. 60,000-1,80,000
Oil India Limited (OIL)	Navratna	Rs. 60,000-1,80,000
Power Grid Corporation of India Limited (PGCIL)	Navratna	Rs. 60,000-1,80,000
Hindustan Aeronautics Limited (HAL)	Navratna	Rs.16,400-Rs. 40,500
National Mineral Development Corporation Limited (NMDC)	Navratna	Rs. 40000-140000
Power Finance Corporation Limited	Navratna	Rs. 40,000-1,40,000
National Aluminum Company Limited (NALCO)	Navratna	Rs. 60,000-1,80,000
Mazagaon Docks Limited (MDL)	Mini-Ratna	Rs. 40,000-1,40,000
Airport Authority Of India Limited (AAI)	Mini-Ratna	Manager:Rs.60,000-1,80,000 Junior Executive: Rs. 40,000-1,40,000
Nuclear Power Corporation of India Limited (NPCIL)	Mini-Ratna	Level 10 of the Pay Matrix – 7th CPC (Rs.56,100/-)
Mineral Exploration Corporation Limited	Mini-Ratna	Rs. 60,000-1,80,000

PSUs Age Criteria

Organization	Age Criteria
PSU Name	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

PSUs Percentage Criteria

Organization	Streams Applicable	Percentage
		GEN	OBC	SC/ST	PH
BHEL	EC, EE, ME, MT	60	60	60	60
ONGC	ECE, EE, ME, CE, CS, IN, CH,	60	60	60	60
NTPC	EC, EE, ME, EC, CS, IN	65	65	55	55
SAIL	EC ,EE,ME,CS, IN, CH, Metallurgy, Ceramics	65	65	55	55
IOCL	EC, EE, ME, CE, CS, IN	65	65	55	55
ISRO	EC, EE, ME, CS	65	65	65	65
PGCIL	EC, EE, ME, Industrial, Production CS, IN , EE, ME, CS, IT, C&I,	65	65	pass	pass
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
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	pass	pass	pass	pass
ECIL	EC, EE, ME, CE, CS, E&I	65	65	55	55
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	60	60	55	55
BHARATI PRASAR	EC, EE, IT	pass	pass	pass	pass

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