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Ratna Companies in India 2021: List, Guidelines, Job Notifications
The companies are owned by the union government of India or one of the many state or territorial governments or both together in parts are Called Public Sector Undertaking (PSU) or a Public Sector Enterprise. The company stock is majority-owned by the government in a PSU. In 1951, PSUs are classified as central public sector enterprises (CPSUs, CPSEs) or state-level public enterprises (SLPEs), At that time there were only 5 enterprises in our country. But in 2019, the number of PSUs were raised to 348. In 2010, the government established the higher Maharatna category, These were Sub Divided as per the Following Guidelines mentioned in the table. As of 23 October 2019, there are 10 Maharatnas, 14 Navratnas and 74 Miniratnas exists.
Jobs in Maharatna Companies
Guidelines for awarding Ratna status
|Maharatna||Navratna||Miniratna Category-I||Miniratna Category-II|
|Three years with an average annual net profit of over Rs. 2500 crore, OR
Average annual Net worth of Rs. 10,000 crore for 3 years, OR Average annual Turnover of Rs. 20,000 crore for 3 years (against Rs 25,000 crore prescribed earlier)
|A score of 60 (out of 100), based on six parameters which include net profit, net worth, total manpower cost, total cost of production, cost of services, PBDIT (Profit Before Depreciation, Interest and Taxes), capital employed, etc., AND
A company must first be a Miniratna and have 4 independent directors on its board before it can be made a Navratna.
|Have made profits continuously for the last three years or earned a net profit of Rs. 30 crore or more in one of the three years||Have made profits continuously for the last three years and should have a positive net worth.|
|Rs. 1,000 crore – Rs. 5,000 crore, or free to decide on investments up to 15% of their net worth in a project||up to Rs. 1,000 crore or 15% of their net worth on a single project or 30% of their net worth in the whole year (not exceeding Rs. 1,000 crores).||up to Rs. 500 crore or equal to their net worth, whichever is lower.||up to Rs. 300 crore or up to 50% of their net worth, whichever is lower.|
List of Ratna Companies
|List of Maharatnas||
|List of Navratnas||
|List of Miniratna-I||
|List of Miniratna-II||