NAVARATNA

Public Sector Enterprises

 Introduction
§
§ Navratna was the title given originally to
nine Public Sector Enterprises (PSEs),
identified by the Government of India in
1977 as its most prestigious, which
allowed them greater autonomy to
compete in the global market. The number
of PSEs having Navratna status has been
raised to 19, the most recent addition
being Oil India Limited.
 Parameters
Navaratna status gets conferred by
D.P.E.
Qualification score: 60/100
1.Net profit to Net worth.
2.Total manpower cost to total cost
of production/services.
3.PBDIT to capital employed.
4.PBDIT to turnover
5.EPS
6.Inter – sectoral performance.
1. Significance
2.Company gets enhanced financial and
operational autonomy.
3.Empowers it to invest up to Rs. 1000
crore or 15% of their net worth on a
single project without government
approval.
4.Company can spend up to 30% of their
net worth not exceeding Rs. 1000
crores.
5.Freedom to enter joint ventures, form
alliances and float subsidiaries
abroad.
Navaratna Giants
1.Bharat Electronics Limited
2.Bharat Heavy Electricals Limited
3.Bharat Petroleum Corporation Limited
4.Coal India Limited
5.GAIL (India) Limited
6.Hindustan Aeronautics Limited
7.Hindustan Petroleum Corporation Limited
8.Mahanagar Telephone Nigam Limited
9.National Aluminium Company Limited

1 0 . N M D C Lim ite d
1 1 . O ilIn d ia
1 2 . Po w e r Fin a n ce C o rp o ra tio n
Lim ite d
1 3 . Po w e r G rid C o rp o ra tio n o f In d ia
Lim ite d
1 4 . R u ra lE le ctrifica tio n C o rp o ra tio n
Lim ite d
1 5 . S h ip p in g C o rp o ra tio n o f In d ia
Lim ite d
MAHARATNA
 Introduction
In 2009, the Union Cabinet took a
decision to grant top performing PSUs
the Maharatna status. The main
objective of Maharatna scheme is to
empower mega PSUs to expand their
operation and emerge as a global
giant.
1. Parameters
2.Company should have an
annual net profit of over
Rs. 5,000 crore for 3
years.
3.Net worth of Rs. 15,000
crore.
4.Turnover of Rs. 25,000
crore.
1.
Significance
2.The Maharatna firms would now be
able to invest up to Rs. 5000 or 15
% of their net worth[ whichever is
low] on a single project without
government approval.
3.Whereas earlier, the Navaratna
companies could invest up to Rs
1,000 crore without government
approval.
 MAHARATNA GIANTS
1.
2.NTPC
3.IOC
4.ONGC
5.SAIL