How many Maharashtra CPSEs are there, as of the current date?

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JKSSB SI Official Paper (Held On: 07 Dec 2022 Shift 2)
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  1. 10
  2. 14
  3. 74
  4. 12

Answer (Detailed Solution Below)

Option 1 : 10
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Detailed Solution

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The correct answer is 10.

Key Points

  • As of the current date, there are 10 Central Public Sector Enterprises (CPSEs) in Maharashtra.
  • CPSEs are entities in which the direct holding of the Central Government or other CPSEs is 51% or more.
  • These enterprises operate under the administrative control of various ministries and departments of the Government of India.
  • CPSEs in Maharashtra span across various sectors including energy, steel, transportation, and financial services.

Additional Information

  • Central Public Sector Enterprises (CPSEs)
    • These are companies in which the central government or other CPSEs own a majority stake (51% or more).
    • They play a significant role in the economic development of the country and are involved in strategic sectors.
    • Examples include Bharat Heavy Electricals Limited (BHEL), Oil and Natural Gas Corporation (ONGC), and National Thermal Power Corporation (NTPC).
    • They are categorized into Maharatna, Navratna, and Miniratna based on their financial performance, net worth, and annual turnover.
  • Maharatna Companies
    • This status is given to CPSEs that have the potential to become global giants.
    • Criteria include an average annual turnover of more than Rs. 25,000 crore over the last three years.
    • They have a higher degree of financial and operational autonomy.
    • Examples include Indian Oil Corporation (IOC) and Steel Authority of India Limited (SAIL).
  • Navratna Companies
    • Navratna status is conferred to CPSEs that have comparative advantages.
    • They must score at least 60 out of 100 based on parameters like net profit, net worth, total manpower cost, etc.
    • These companies also enjoy enhanced financial and operational autonomy.
    • Examples include Bharat Electronics Limited (BEL) and Hindustan Aeronautics Limited (HAL).
  • Miniratna Companies
    • This status is divided into two categories: Category I and Category II.
    • They must have made profits for the last three years continuously or earned a net profit of Rs. 30 crore or more in one of the three years.
    • They have limited autonomy compared to Maharatna and Navratna companies.
    • Examples include Airports Authority of India (AAI) and Bharat Dynamics Limited (BDL).
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