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PSU Govt Exam: Public Sector Undertaking (PSU) represents the group of companies in which the majority of the shares (51% or more) are owned by the central or state govt. PSUs in India are of 3 types namely Maharatna, Navratna, and Miniratna (category I & II). A career in PSUs (public sector undertakings) holds attractive to youth because of the prestige and various perks of these jobs like good salary increments and numerous perks. Let’s know about the salary, age limit, and eligibility criteria for Public Sector Undertaking in more detail.
Maharatna PSUs
Maharatna status is only given to top public sector enterprises where the companies have the authority to make foreign investments of up to Rs 5,000 crores without taking any government approval. The scheme of forming industries and terming them Maharatna came into effect in the middle of 2010. It was done to ensure that the mega CPSEs can expand their operations and enter into the global market. In order to be qualified as Maharatna, the company should gain an annual net profit of over Rs. 5,000 crores, a net worth of Rs. 15,000 crores, and a turnover of Rs. 25,000 crores over the past three consecutive years. The list of Maharatna companies has been provided below:
- Bharat Heavy Electricals Limited
- Bharat Petroleum Corporation Limited
- Coal India Limited
- GAIL (India) Limited
- Hindustan Petroleum Corporation Limited
- Indian Oil Corporation Limited
- NTPC Limited
- Oil & Natural Gas Corporation Limited
- Power Grid Corporation of India Limited
- Steel Authority of India Limited
PSU Govt Exam: Salary, Eligibility Criteria For India’s Top PSUs In Hindi
Navratna PSUs
The status of Navratna is conferred to the companies by the Department of Public Enterprises. In order to become a Navratna, the company must obtain a score of 60 out of 100. The score is based on six parameters. Their parameters are
- Earnings per share( Maximum-10)
- Gross margin as capital employed (Maximum: 15)
- Inter-Sectoral Performances (Maximum: 20)
- Gross profit as Turnover (Maximum: 15)
- Net Profit to Net Worth (Maximum: 25)
- Manpower cost to cost of production or services (Maximum: 15)
The Navratna status gives privileges to a company to enhance its financial and operational autonomy and empowers them to invest up to Rs. 1000 crores or 15% of its net worth on a single project without taking government approval. Navratna companies can spend up to 30% of their net worth not exceeding Rs. 1000 crores in a year. They will also have the freedom to enter joint ventures, form alliances, and float subsidiaries abroad. The list of Navratna companies has been provided below:
- Bharat Electronics Limited (BEL)
- Container Corporation of India (CONCOR)
- Engineers India Limited (EIL)
- Hindustan Aeronautics Limited (HAL)
- Mahanagar Telephone Nigam Limited (MTNL)
- National Aluminium Company (NALCO)
- National Buildings Construction Corporation (NBCC)
- National Mineral Development Corporation (NMDC)
- NLC India Limited (NLCIL)
- Oil India Limited (OIL)
- Power Finance Corporation (PFC)
- Rashtriya Ispat Nigam Limited (RINL)
- Rural Electrification Corporation (REC)
- Shipping Corporation of India (SCI)
Miniratna PSUs
At the end of 1997, the government of India decided to give more delegation and autonomy to some companies that make fewer profits but can be competitive and efficient. These companies were called the Miniratnas and they are divided into 2 categories. The eligibility criteria for both categories are different.
Miniratna Category 1 Criteria: The CPSEs for this category should have made a profit for the last three years consecutively. The pre-tax profit made by the companies should be more than Rs. 30 crores in any one year of the three years.
Miniratna Category 2 Criteria: The CPSEs should have a positive net worth and should have made a profit in the last three consecutive years.
List of Miniratna Companies
| Miniratna Category-1 | Miniratna Category-2 |
|---|---|
| Airports Authority of India (AAI) | Artificial Limbs Manufacturing Corporation of India |
| Antrix Corporation | Bharat Pumps & Compressors (BPC) |
| Balmer Lawrie | Broadcast Engineering Consultants India |
| Bharat Coking Coal Limited (BCCL) | Central Mine Planning and Design Institute |
| Bharat Dynamics Limited (BDL) | Central Railside Warehouse Company |
| Bharat Earth Movers Limited (BEML) | Engineering Projects (India) Ltd. (EPI) |
| Bharat Sanchar Nigam Limited (BSNL) | FCI Aravali Gypsum and Minerals (India) Limited |
| Bridge and Roof | Ferro Scrap Nigam Limited |
| Central Warehousing Corporation | HMT (International) Ltd. |
| Central Coalfields Limited | Indian Medicines & Pharmaceuticals Corporation Limited |
| Chennai Petroleum Corporation (CPCL) | MECON |
| Cochin Shipyard (CSL) | National Film Development Corporation of India (NFDC) |
| Cotton Corporation of India Limited (CCIL) | PEC Ltd. |
| Dredging Corporation of India (DCI) | Rajasthan Electronics & Instruments Limited |
| Educational Consultants India (EDCIL) | Ministry of new and renewable energy (MNRE) and Solar Energy Corporation of India Ltd (SECI) |
| Kamarajar Port | |
| Garden Reach Shipbuilders & Engineers (GRSE) | |
| Goa Shipyard (GSL) | |
| Hindustan Copper (HCL) | |
| HLL Lifecare | |
| Hindustan Newsprint | |
| Hindustan Paper | |
| Housing and Urban Development Corporation | |
| HSCC | |
| India Tourism Development Corporation (ITDC) | |
| India Trade Promotion Organisation (ITPO) | |
| Indian Rare Earths (IREL) | |
| Indian Railway Catering and Tourism Corporation (IRCTC) | |
| Indian Renewable Energy Development Agency | |
| Ircon International | |
| Kudremukh Iron Ore Company | |
| Mazagon Dock Limited | |
| Mahanadi Coalfields (MCL) | |
| MOIL | |
| Mangalore Refinery and Petrochemicals Limited (MRPL) | |
| Mishra Dhatu Nigam | |
| MMTC Ltd. | |
| MSTC Limited | |
| National Fertilizers (NFL) | |
| National Small Industries Corporation Limited | |
| National Seeds Corporation | |
| NHPC Ltd. | |
| Northern Coalfields (NCL) | |
| North Eastern Electric Power Corporation Limited (NEEPCL) | |
| Numaligarh Refinery | |
| ONGC Videsh | |
| Pawan Hans | |
| Projects and Development India Limited (PDIL) | |
| RailTel Corporation of India | |
| Rail Vikas Nigam Limited | |
| Rashtriya Chemicals & Fertilizers (RCF) | |
| RITES | |
| Ramagundam Fertilizers and Chemicals Ltd. | |
| SJVN Ltd. | |
| Security Printing and Minting Corporation of India | |
| South Eastern Coalfields (SECL) | |
| State Trading Corporation of India | |
| Telecommunications Consultants India (TCIL) | |
| THDC Ltd. | |
| Western Coalfields (WCL) | |
| Water and Power Consultancy Services | |
| Projects & Development India Ltd | |
| Mineral Exploration Corporation Limited |
PSU Govt. Exam: Age limit
In order to be eligible for the PSU Govt. exam candidates must fall under the allowed age limit depending upon the category to which they belong. The age limit criteria vary from company to company. The age limit for some of the most valuable PSUs has been listed below.
| 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 |
PSU Govt. Exam: Percentage Criteria
In order to be eligible for the PSU recruitment candidates must score good marks. In most of the PSUs, candidates are required to score a Minimum of 60% marks from a govt recognized college/university. Category-wise percentage marks required for a few PSUs have been listed below.
| 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 |
| 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 |
| 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 |
PSU Govt. Exam: Salary Structure
One of the main reasons why people are eager to join PSUs is because it offers attractive salary packages. The salary structure for some of India’s biggest PSUs has been mentioned below.
| Organization | 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.20600-3%-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. 40000-3%-140000 |
| Power Finance Corporation Limited | Navratna | Rs. 40,000-3%-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 |
