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Public Sector Undertaking

Public sector undertakings (PSUs) are government-owned corporations in India where the government holds a majority stake. PSUs operate in key sectors like defense, energy, transportation, and banking. They play an important role in economic development, employment generation, and providing public utilities and services. Some highly profitable PSUs are designated as Maharatna or Navratna companies. There are over 200 central and state PSUs operating across various industries in India.

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0% found this document useful (0 votes)
75 views

Public Sector Undertaking

Public sector undertakings (PSUs) are government-owned corporations in India where the government holds a majority stake. PSUs operate in key sectors like defense, energy, transportation, and banking. They play an important role in economic development, employment generation, and providing public utilities and services. Some highly profitable PSUs are designated as Maharatna or Navratna companies. There are over 200 central and state PSUs operating across various industries in India.

Uploaded by

Alex Capler
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PUBLIC SECTOR

UNDERTAKING
INTRODUCTION
The government-owned corporations
are termed as Public Sector
Undertakings (PSUs) in India
In a PSU majority (51% or more) of the
paid up share capital is held by central
government or by any state government
or partly by the central governments
and partly by one or more state
governments.
Arms & Ammunition and the allied
items of defence equipments,
defence air-crafts and warships
Atomic Energy (except in the areas
related to the operation of nuclear
power).
Railways transport, air transport etc.
come under PSUs.
ROLE OF PUBLIC SECTOR
UNDERTAKINGS
As agriculture is the backbone of Indian
economy, Public Sector Banks (PSBs)
play a crucial role in pushing the
agricultural economy
They are less concerned with making
profits as compared to private sector.
The Indian Public Sector Undertakings
are legal business entities
A number of PSUs are highly profitable
and denoted as ‘Maharatnas’ and
'Navaratnas'. A prominent example of a
Maharatna company is ONGC.
The Public Sector Undertakings of
Indian Government, number more
than 200 commercially functioning
companies.
These undertakings are divided into
two parts – state and central.
MAHARATNA COMPANIES

Coal India Limited


Indian Oil Corporation Limited
NTPC Limited
Oil & Natural Gas Corporation Limited
Steel Authority of India Limited
NAVRATNA COMPANIES
Bharat Heavy Electricals Limited
Bharat Electronics Limited
Bharat Petroleum Corporation Limited
Hindustan Aeronautics Limited
Hindustan Petroleum Corporation Limited
Mahanagar Telephone Nigam Limited
National Aluminium Company Limited
National Mineral Development
Corporation Limited
NAVRATNA COMPANIES
Neyveli Lignite Corporation Limited
Oil India Limited
Power Finance Corporation Limited
Power Grid Corporation of India Limited
Rashtriya Ispat Nigam Limited
Rural Electrification Corporation Limited
Shipping Corporation of India Limited
GAIL (India) Limited
MINIRATNA CATEGORY - I

Airports Authorityof India


Antrix Corporation Limited
Balmer Lawrie & Co. Limited
Bharat Dynamics Limited
BEML Limited
Bharat Sanchar Nigam Limited
Bridge & Roof Company (India) Limited
Central Warehousing Corporation
Central Coalfields Limited
Chennai Petroleum Corporation
Limited
Cochin Shipyard Limited
Container Corporation of India Limited
MINIRATNA CATEGORY-II

Bharat Pumps & Compressors Limited


Broadcast Engineering Consultants (I) Limited
Central Mine Planning & Design Institute
Limited
Ed.CIL (India) Limited
Engineering Projects (India) Limited
FCI Aravali Gypsum & Minerals India
Limited
Ferro Scrap Nigam Limited
HMT (International) Limited
NEED OF PSUs
Economic development
Development of backward Areas
Employment generation
Defence
Labour welfare
Consumer welfare
Public utilities
Self-reliance

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