Public Sector Undertakings (PSU) Coaching in Chandigarh

Public Sector Undertakings include the Government-owned corporations in India. The Government (either Union or State or Territorial Government) of India owns these corporations with the majority of the equity under its control. PSUs may be segregated as Public Sector Banks (PSBs), Central Public Sector Enterprises (CPSEs), or State Level Public Enterprises (SLPEs). Public Enterprises and Ministry of Heavy Industries administer CPSEs.

Every year a lot of Public Sector Undertakings (PSU) takes place which gives birth to several job opportunities. The aspirants can apply for the openings viewing their interest. The difficulty level of PSU exam is high. Engineers Career Point is famous for imparting results-yielding PSU coaching in Chandigarh. Our pride escalates in seeing our PSU students serving India. Do you have the same dream? Join us and watch the transformation in you.

Why PSU is a dream career for people? One of the reasons lies in the fact that PSU goes less affected by the current recession. And, the decent wages attract the aspirants nationwide. PSU offers a stable and reputed career to both the technical and non-technical cadre. It comprises of a complete package of escalating growth, a stable career, decent wages and a perfect balance between personal and professional life. If you have a good rank in the GATE, you secure a prestigious preference for yourself. Several PSUs give preference to GATE winners over others. Get the top GATE coaching in Chandigarh to shine brightly. What else one could ask for? If you genuinely want to serve the nation through PSU, enroll with Engineers Career Point for the best PSU coaching. Our faculty does the incredible job in producing successful PSU cadre. We proudly offer the best PSU coaching in Chandigarh with proven results in our record.

Value of PSU in the Indian Economy

Post-Independence, India was in a tussle with several issues such as socio-economic problems, inadequate resources, unemployment, income inequality, lack of manpower and weak industrial base etc. This led to the development of Public Sector blueprint for the autonomous growth of the nation.

1. Employment Creation

PSU has been creating a number of jobs since its inception. Post-Independence, the nation was in a brawl with various issues with unemployment being one of them. PSU eliminated the problem and has been giving people an improved life.

2. Fair Provincial Development

Several backward areas have been developed since the existence of PSUs. Various plants and civic facilities like electricity, water supply is located in the backward areas. This generates employment for local people and contributes to the development of the country.

3.Research and Development

A robust and through research and development is the boost the country needs for the development. Expenditure in the research and development decreases the cost of production. There is a no end in explaining the contribution of PSUs in the development of the country. PSUs come with high responsibilities to be carried on shoulders. You can expect the exam will be tough since PSU roots date back to the era of Indian independence.

At Engineers Career Point, we offer cutting-edge PSU coaching to aspirants. Each student receives personal attention for better performance. The highly-qualified faculty does an amazing job to shape students’ minds that are keen to serve the society with full enthusiasm. Are you ready to accept the prestigious responsibility? Of course, you are since you have reached reading this far! What are you waiting for? Enroll with Engineers Career Point, the top PSU coaching centre in Chandigarh.

List of Public Sector Undertaking's

As on 30 September 2015 there are 7 Maharatnas, 17 Navratnas and 73 Miniratnas

Maharatna

Eligibility :

Three years with an average annual net profit of over Rs. 2500 crore (earlier was 5,000 Cr), OR Average annual Net worth of Rs. 10,000 crore for 3 years (earlier was 15,000 Cr), OR Average annual Turnover of Rs. 20,000 crore for 3 years (earlier was 25,000 Cr)

Benefits for investment :

Rs. 1,000 crore - Rs. 5,000 crore, or free to decide on investments up to 15% of their net worth in a project

List of Maharatna Companies

Coal India Ltd

Indian Oil Corporation

NTPC Ltd

Steel Authority of India Ltd

GAIL (India) Ltd

Oil and Natural Gas Corporation

Bharat Heavy Electricals

Navratna

Eligibility :

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.

Benefits for investment :

Rs. 1,000 crore - Rs. 5,000 crore, or free to decide on investments up to 15% of their net worth in a project

List of Navratna Companies

Engineers India Ltd.

Bharat Electronics Ltd.

Bharat Petroleum Corporation

Hindustan Aeronautics

Hindustan Petroleum Corporation

Mahanagar Telephone Nigam Ltd.

National Aluminium Company Ltd.

National Mineral Development Corporation

Neyveli Lignite Corporation

Oil India

Power Finance Corporation

Container Corporation of India

National Buildings Construction Corporation

Power Grid Corporation of India

Rashtriya Ispat Nigam Ltd.

Rural Electrification Corporation

Shipping Corporation of India

Miniratna

Eligibility :

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.

Benefits for investment :

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 Miniratna Companies

Airports Authority of India

Antrix Corporation

Balmer Lawrie & Co. Ltd.

Bharat Coking Coal Ltd.

Bharat Dynamics Ltd.

BEML Ltd.

Bharat Sanchar Nigam Ltd.

Bridge & Roof Company (India) Ltd.

Central Warehousing Corporation

Central Coalfields Ltd.

Chennai Petroleum Corporation

Cochin Shipyard Ltd.

Dredging Corporation of India

Kamarajar Port Ltd.

Garden Reach Shipbuilders & Engineers Ltd.

Goa Shipyard Ltd.

Hindustan Copper Ltd.

HLL Lifecare Ltd.

Hindustan Newsprint Ltd.

Hindustan Paper Corporation

Housing & Urban Development Corporation

India Tourism Development Corporation

India Trade Promotion Organisation

Indian Rare Earths Ltd.

Indian Railway Catering and Tourism Corporation

IRCON International Ltd.

KIOCL Ltd.

Manganese Ore (India) Ltd.

Mishra Dhatu Nigam Ltd.

NHPC Ltd.

Northern Coalfields Ltd.

Numaligarh Refinery Ltd.

Railtel Corporation of India

Rail Vikas Nigam Ltd.

RITES Ltd.

and many more . . .

PSU's Recruiting through GATE

PSUs considering GATE scores for entry level Engineer positions

Name of PSU	Stream Eligible	Package
Airports Authority of India	EC	Rs. 16,400 - 40,500 PM
Bhabha Atomic Research Centre	ME , EE , EC ,CS , CE	Rs. 15,600 - 39,100 PM
Bharat Broadband Network Limited	EC , CS , EE	Rs. 20,000 - 50,000 PM(Approx.)
Bharat Heavy Electricals Limited	ME,EE,EC	Rs. 24,900 - 50,500 PM
Bank Note Paper Mill	ME,EE,CH,EC	Rs. 17,460 - 34,800 PM
Bharat Petroleum Corporation Limited	ME,EE,CE,IC	Rs. 10.5 Lakh PA
Central Electronics Limited	EC,ME	Rs. 20,000 - 50,000 PM (Approx.)
Coal India Limited	EC,ME	Rs. 20,600 - 46,500 PM
Gas Authority of India Limited	EE,ME	Rs. 24,900 - 50,500 PM
Gujarat State Electricity Corporation Limited	EE,ME	Rs. 18,000 - 30,000 PM
Indian Oil Corporation Limited	CE,CS,EE,EC,ME	Rs. 11 Lakh PA
Indian Railway Construction Company Limited	CE,ME,EC	Rs. 20,600 - 46,500 PM
Larsen & Toubro Limited	CE,ME,EE	Rs. 20,000 - 50,000 PM (Approx.)
Mazagon Dock Limited	ME,EE	Rs. 16,400 - 40,500 PM
National Aluminium Company Limited	ME,EE,CE,EC	Rs. 16,400 - 40,500 PM
National Buildings Construction Corporation	CE	Rs. 16,400 - 46,500 PM
National Hydroelectric Power Corporation Limited	EE,EC	Rs. 20,600 - 46,500 PM
National Fertilizers Limited	EE,ME	Rs. 20,000 - 50,000 PM (Approx.)
NEYVELI LIGNITE CORPORATION LIMITED	ME,EE,EC,CE,CS	Rs. 40,000 - 2 Lakh PM
National Thermal Power Corporation Limited	ME,EE,EC	Rs. 40,000 - 2 Lakh PM
Oil and Natural Gas Corporation Limited	CE,ME,EE	Rs. 24,900 - 50,500 PM
Orissa Power Generation Corporation	ME,EC,CE	Rs. 16.000 - 36,000 PM
Punjab State Power Corporation Limited	EC,EE,ME,CE,CS/IT	Rs. 16.650 - 39,100 PM
Rail India Technical and Economic Service	EE,CE,ME	2.27 - Rs 10.14 Lakh PA
Power Grid	EE,CE,ME	7.78 - 13.95 Lakh PA

PSU Age Criteria

Information related to age relaxation, upper age of various PSUs for different positions (Management Trainee (MT), Graduate Apprentice Engineers(GAE),Engineers Executive Trainees (EET),Graduate Trainee (GT),Engineer Trainees (ET)Graduate Engineers (GE),Executive Trainees (ET),Technical Officer (C),Trainee Engineers) in India

Age Criteria
Company	General	OBC	SC/ST	PH
	27 Years	27-30 Years	32 Years	32 Years - General 35 Years - OBC 37 Years - SC/ST
	30 Years	30-33 Years	35 Years	35 Years - General 38 Years - OBC 40 Years - SC/ST
	27 Years	27-30 Years	32 Years	32 Years - General 35 Years - OBC 37 Years - SC/ST
	30 Years	30-33 Years	35 Years	35 Years - General 38 Years - OBC 40 Years - SC/ST
	26 Years	26-29 Years	31 Years	31 Years - General 34 Years - OBC 36 Years - SC/ST
	28 Years	28 - 31 Years	33 Years	33 Years - General 36 Years - OBC 38 Years - SC/ST
	28 Years	28 - 31 Years	33 Years	33 Years - General 36 Years - OBC 38 Years - SC/ST
	30 Years	30 - 33 Years	35 Years	35 Years - General 38 Years - OBC 40 Years - SC/ST
	28 Years	28 - 31 Years	33 Years	33 Years - General 36 Years - OBC 38 Years - SC/ST
	28 Years	28 - 31 Years	33 Years	33 Years - General 36 Years - OBC 38 Years - SC/ST
	28 Years	28 - 31 Years	33 Years	33 Years - General 36 Years - OBC 38 Years - SC/ST
	30 Years	30 - 33 Years	35 Years	35 Years - General 38 Years - OBC 40 Years - SC/ST
	25 Years	25 - 28 Years	30 Years	30 Years - General 33 Years - OBC 35 Years - SC/ST
	28 Years	28 - 31 Years	33 Years	33 Years - General 36 Years - OBC 38 Years - SC/ST
	22 - 35 Years	22 - 35 Years + relaxable upto 3 years	22 - 35 Years + relaxable upto 5 years	22 - 35 Years + relaxable upto 5 years - General 8 Years - OBC 10 Years - SC/ST
	25 Years	25 - 28 Years	30 Years	30 Years - General 33 Years - OBC 35 Years - SC/ST
	25 Years	25 - 28 years	30 years	30 years - General 33 Years - OBC 35 Years - SC/ST
	30 Years	30 - 33 years	35 years	35 years - General 38 Years - OBC 40 Years - SC/ST
	30 Years	30 - 33 years	35 years	35 years - General 38 Years - OBC 40 Years - SC/ST
	30 Years	30 - 33 years	35 years	35 years - General 38 Years - OBC 40 Years - SC/ST
	27 Years	27 - 30 years	32 years	32 years - General 35 Years - OBC 37 Years - SC/ST