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How do PSEs get Miniratna, Navratna & Maharatna statuses?
short by Ashley Paul / on Monday, 29 April, 2024
PSEs that recorded profit in three years with over ₹30-crore pre-tax profit and a positive net worth are Miniratnas. Navratnas are Miniratnas with MOU rating above 'very good' in three of last five years and composite score of over 60 in six indicators including earning/share and Inter-sectoral performance. Maharatnas must have over ₹5,000-crore annual PAT and over ₹15,000-crore net worth.
read more at CNBC-TV18