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What is Miniratna Maharatna and navratna?

What is Miniratna Maharatna and navratna?

The government grants the status of Navratna, Miniratna and Maharatna to Central Public Sector Enterprises (CPSEs) based upon the profit made by these CPSEs. These companies are owned and operated by the Union Government of India, or a state government, or both.

What do you mean by mini navratna?

1. Category I: Miniratnas that have made profits for the last three years continuously or earned a net profit of Rs 30 crores or more in one of these three years. There are 60 such companies. 2. Category II: Miniratnas that have made profits continuously for the last three years and must have a positive net worth.

What is Miniratna Cpse?

For Miniratna category I status, the CPSE should have made profit in the last three years continuously, the pre-tax profit should have been Rs. 30 crores or more in at least one of the three years and should have a positive net worth. 300 crore or up to 50\% of their net worth whichever is lower. …

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What is Miniratna companies?

There are two categories within Miniratna PSU, Category I and Category II. Category I CPSEs: These are the companies which have made a profit continuously in the last three years, have made a net profit of Rs. 30 crores or more in one of the three previous years. This category can invest capital expenditure up to Rs.

Which is the example of Miniratna company?

Miniratna Companies – List of 14 Miniratna Category-I Central Public Sector Enterprises (CPSE)

Sl.No Category-I, Central Public Sector Enterprises (CPSE)
1 Airports Authority of India (AAI)
2 Antrix Corporation
3 Bharat Dynamics Limited (BDL)
4 Bharat Earth Movers Limited (BEML)

What are Miniratna companies?

Which of the following is an example of a miniratna?

Also, some of the CPSEs that fall into Miniratnas are BEML limited, airports authority of India (AAI), BSNL, central coalfields limited, etc.