Navratna Companies

The Government had introduced the Navratna scheme, in 1977, to identify Central Public Sector Enterprises (CPSEs) that had comparative advantages and to support them in their drive to become global giants.

Public Sector Undertaking (PSU) organizations are the ultimate way of choosing a graduate engineer in our country. Many of the graduates want to pursue their future in PSUs and getting a job in that field is just as fulfilling their dreams. The union ministry of India has categorized PSUs into 3 varied titles and Navratnais also one from them.

 

 

ELIGIBILITY CRITERIA AND PROCEDURE FOR GRANT OF NAVRATNA STATUS

(i)The prime criteria for getting Navratna status is that the renowned company must holds a status of Miniratna category-1 along with few independent directors at Miniratna level
(ii)The company must holds a good rating and have three Memorandum of understanding system from last five years.
(iii)The company must maintain the composite score of almost 60 or more out of 100 marks on the basis of 6 selected parameters

• Earnings per share( Maximun-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)

LIST OF NAVRATNA COMPANIES

S.No NAVRATNA COMPANY NAME BRANCHES ELEGIBLE HEADQUATERS PAY SCALE
1. National Buildings Construction Corporation (NBCC) Civil Engineering New Delhi Click to See
2. Container Corporation of India (CONCOR) Civil Engineering New Delhi Click to See
3. Power Finance Corporation CS, FINANCE New Delhi Click to See
4. RashtriyaIspat Nigam Limited EE, ECE, CSE, IT ME Visakhapatnam, Andhra Pradesh Click to See
5. Rural Electrification Corporation EE New Delhi Click to See
6. Engineers India Limited (EIL) CE, ME, IE, EE New Delhi Click to See
7. Neyveli Lignite Corporation ME, EE, ECE, CE, IE, MiE, CS Neyveli, Tamil Nadu Click to See
8. National Mineral Development Corporation (NMDC) ME, EE, CE, CS, ECE, IE Hyderabad Click to See

 

 

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