Here we are going to discuss all about Public sector undertaking ( PSU Jobs ) such as what is it, what are its different types? and what is the procedure for Engineers to get recruited in it?
( I will try to be precise and brief throughout this article about PSU Jobs. )
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What is PSU and how it can be classified?
PSU are the companies whose 51% or more shares are held by the central government or state government or partially by both of them.
PSU can be classified into 3 types which are Central Public Sector Enterprises (CPSEs), Public Sector Enterprises (PSEs), and Public Sector Banks (PSBs).
Department of public enterprise (DPE) further classify Central Public Sector Enterprises into MAHARATNA, NAVRATNA and MINIRATNA I & II Categories
PSU Jobs 2019: MINIRATNA II
DPE assign Miniratna Category 2 status to a company when it has made a profit for the last three years continuously and should have a positive net worth.
PSU Jobs 2019: List of Miniratna Category 2 companies
| Bharat Pumps & Compressors Limited Broadcast Engineering Consultants (I) Limited | Central Mine Planning & Design Institute Limited |
| Central Railside Warehouse Company Limited | EIL (India) Limited |
| Engineering Projects (India) Limited | FCI Aravali Gypsum & Minerals India Limited |
| Ferro Scrap Nigam Limited | HMT (International) Limited |
| HSCC (India) Limited | Indian Medicines & Pharmaceuticals Corporation Limited |
| MECON Limited | Mineral Exploration Corporation Limited |
| National Film Development Corporation Limited | National Small Industries Corporation Limited |
| PEC Limited | Rajasthan Electronics & Instruments Limited |
PSU Jobs 2019: MINIRATNA I
DPE assign Miniratna Category 1 status to a company when it has made a profit for the last three years continuously, it should have a positive net worth and the pre-tax profit should have been Rs. 30 crores or more in at least one of the three years.
PSU Jobs 2019: List of Miniratna Category 1 PSU companies
| Airports Authority of India | Antrix Corporation Limited |
| Balmer Lawrie & Co. Limited | Bharat Coking Coal 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 |
| Dredging Corporation of India Limited | Kamarajar Port Limited |
| Garden Reach Shipbuilders & Engineers Limited | Goa Shipyard Limited |
| Hindustan Copper Limited | HLL Lifecare Limited |
| Hindustan Newsprint Limited | Hindustan Paper Corporation Limited |
| Housing & Urban Development Corporation Limited | India Tourism Development Corporation Limited |
| Indian Rare Earths Limited | Indian Railway Catering & Tourism Corporation Limited |
| Indian Renewable Energy Development Agency Limited | India Trade Promotion Organisation |
| IRCON International Limited | KIOCL Limited |
| Mazagaon Dock Limited | Mahanadi Coalfields Limited |
| Manganese Ore (India) Limited | Mangalore Refinery & Petrochemical Limited |
| Mishra Dhatu Nigam Limited | MMTC Limited |
| MSTC Limited | National Fertilizers Limited |
| National Seeds Corporation Limited | NHPC Limited |
| Northern Coalfields Limited | North Eastern Electric Power Corporation Limited |
| Numaligarh Refinery Limited | ONGC Videsh Limited |
| Pawan Hans Helicopters Limited | Projects & Development India Limited |
| Railtel Corporation of India Limited | Rail Vikas Nigam Limited |
| Rashtriya Chemicals & Fertilizers Limited | RITES Limited |
| SJVN Limited | Security Printing and Minting Corporation of India Limited |
| South Eastern Coalfields Limited | State Trading Corporation of India Limited |
| Telecommunications Consultants India Limited | THDC India Limited |
| Western Coalfields Limited | WAPCOS Limited |
PSU Jobs 2019: NAVRATNA
A company becomes eligible for NAVRATNA status when it already has Miniratna category 1 and have at least three Outstanding Memorandum of Understanding (MoU) ratings during the last five years.
PSU Jobs 2019: List of Navratna PSU Companies :
| Bharat Electronics Limited (BEL) | Bharat Petroleum Corporation Limited (BPCL) |
| Container Corporation of India Limited | Engineers India Limited |
| Hindustan Aeronautics Limited | Hindustan Petroleum Corporation Limited |
| Mahanagar Telephone Nigam Limited | National Aluminium Company Limited |
| National Buildings Construction Corporation Limited | NMDC Limited |
| Neyveli Lignite Corporation Limited | Oil India Limited |
| Power Finance Corporation Limited | Power Grid Corporation of India Limited |
| Rashtriya Ispat Nigam Limited / VIZAG Steel | Rural Electrification Corporation Limited |
| Shipping Corporation of India Limited |
PSU Jobs 2019: MAHARATNA
A company becomes eligible for MAHARATNA Status when it has an average annual turnover of Rs 20,000 crore during the last three years. The average annual net worth of the company should be Rs 10,000 crore.
PSU Jobs 2019: List of Maharatna PSU companies
PSU Jobs Recruitment Procedure
Till now what we have read we can conclude that the PSU sector covers vast fields such as service, banking, heavy industries, telecom etc. From last few years, it has been seen that many PSU companies have started recruiting engineers through GATE Exam.
List of PSU recruiting through GATE Exam
List of PSU conducting own exam for Recruitment.
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List of PSUs which conduct their own exam for recruitment and the complete details of the same.
will pstcl recruit civil engineers too