Various PSUs have been awarded additional financial autonomy. These companies are "public sector companies that have comparative advantages", giving them greater autonomy to compete in the global market so as to "support [them] in their drive to become global giants". Financial autonomy was initially awarded to nine PSUs as Navratna status in 1997. In 2010, the government established the higher Maharatna category, which raises a company's investment ceiling from Rs. 1,000 crores to Rs. 5,000 crores. The Maharatna firms can now decide on investments of up to 15 per cent of their net worth in a project while the Navaratna companies could invest up to Rs 1,000 crore without explicit government approval. Two categories of "Miniratnas" afford less extensive financial autonomy. List of Maharatna 1.National Thermal Power Corporation (NTPC) 2.Oil and Natural Gas Corporation (ONGC) 3.Steel Authority of India Limited (SAIL) 4.Bharat Heavy Electricals Limited (BHEL) 5.Indian Oil Corporation Limited(IOCL) 6.Coal India Limited(CIL) 7.Gas Authority of India Limited(GAIL)
Which ocean is the largest by area?
Who formed the association in favour of widow remarriage in Madras Presidency?
The statements of estimated receipts and expenditure of the Government of India is presented to the Parliament every year as per ____of the Indian Const...
Which is the largest gland of the body?
In which one of the following cities, Sawai Jai Singh II did not built an observatory?
I was lucky to have __________ the plane crash.
Which one of the following is the longest river in Asia which passes through major part of East Asia?
Who was replaced by Lord Willingdon as viceroy in India just before the second round table conference?
Which of the following Governor General was impeached by British Government?
As per ______, the President shall address both Houses of Parliament assembled together on the commencement of the first parliament session of each year.
