public sector undertaking (psu)
TRANSCRIPT
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PUBLIC SECTOR UNDERTAKING
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GROUP MEMBERS
SUNIL KUMAR JANGIDDEEPAK ARYAPAYEL GHOSHPARVEEN KUMARRAHUL KUMARANUP KUMARIMRAN KHAN
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INTRODUCTIONThe 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.
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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 and applications of radiation and radio-isotopes to agriculture, medicine and non-strategic industries)
Railways transport, air transport etc. come under PSUs.
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ROLE OF PUBLIC SECTOR UNDERTAKINGSAs 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 but they need profits
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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.
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The Public Sector Undertakings of Indian Government, number more than 200 commercially functioning companies
These undertakings are divided into two parts – state and central.
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MAHARATNA COMPANIES
Coal India LimitedIndian Oil Corporation Limited NTPC LimitedOil & Natural Gas Corporation LimitedSteel Authority of India Limited
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NAVRATNA COMPANIES
Bharat Heavy Electricals LimitedBharat Electronics LimitedBharat Petroleum Corporation LimitedHindustan Aeronautics LimitedHindustan Petroleum Corporation LimitedMahanagar Telephone Nigam LimitedNational Aluminium Company LimitedNational Mineral Development
Corporation Limited
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NAVRATNA COMPANIES
Neyveli Lignite Corporation LimitedOil India LimitedPower Finance Corporation LimitedPower Grid Corporation of India LimitedRashtriya Ispat Nigam LimitedRural Electrification Corporation LimitedShipping Corporation of India LimitedGAIL (India) Limited
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MINIRATNA CATEGORY - I
Airports Authority of India Antrix Corporation LimitedBalmer Lawrie & Co. LimitedBharat Dynamics Limited BEML LimitedBharat Sanchar Nigam LimitedBridge & Roof Company (India) Limited
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Central Warehousing CorporationCentral Coalfields LimitedChennai Petroleum Corporation
LimitedCochin Shipyard LimitedContainer Corporation of India Limited
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MINIRATNA CATEGORY-II
Bharat Pumps & Compressors LimitedBroadcast Engineering Consultants (I)
Limited Central Mine Planning & Design Institute
LimitedEd.CIL (India) LimitedEngineering Projects (India) LimitedFCI Aravali Gypsum & Minerals India
LimitedFerro Scrap Nigam LimitedHMT (International) Limited
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NEED OF PSUs
Economic developmentDevelopment of backward AreasEmployment generationDefenceLabour welfareConsumer welfarePublic utilitiesSelf-reliance
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