Public sector undertakings in India Current Affairs, GK & News

Fifth Tranche of Atma Nirbhar Bharat Abhiyan announced

On May 17, 2020, the Union Finance Minister Nirmala Sitaraman announced the fifth and final tranche of Atma Nirbhar Bharat Abhiyan. The scheme is to implement several measures to fight COVID-19 at an allocated budget of Rs 20 lakh crore economic packages Highlights Under the fifth tranche of the scheme, the finance minister announced seven ..

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G Narayanan named Chairman of New Space India Ltd

Renowned space scientist G Narayanan has been named the Chairman of New Space India Ltd (NSIL), Indian Space Research Organisation’s newly formed commercial entity. Prior to this assignment, G Narayanan was serving as the Deputy director at the Liquid Propulsion Systems Centre (LPSC), an ISRO unit in Thiruvananthapuram. New Space India Ltd was set up as ..

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HPCL and Power Grid Corporation get Maharatna status in October 2019

Government of India has accorded ‘Maharatna’ status to public sector undertaking’s (PSU’s) Hindustan Petroleum Corporation Limited (HPCL) and Power Grid Corporation. Two separate orders to this effect were issued by Department of Public Enterprises, under Union Ministry of Heavy Industry and Public Enterprises.

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NFDC declared as winner under Miniratna Category by Ministry of MSME for exemplary work amongst CPSEs for promotion of SC/ST entrepreneurs

The National Film Development Corporation of India (NFDC) has been selected as winner under the Miniratna Category by Ministry of Micro, Small and Medium Enterprises (MSME). This has been done as part of endeavor by Ministry of MSME to felicitate select Central Public Sector Enterprises (CPSEs) to recognize their exemplary work towards promotion of SC/ST ..

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NPCC conferred Miniratna Category–I status

Union Government has conferred status of Miniratna: Category–I to National Projects Construction Corporation Limited (NPCC). The empowerment of miniratna status to NPCC will help company to take speedy decisions by enhancing delegation of powers to Board. National Projects Construction Corporation Limited (NPCC) NPCC is schedule ‘B’ Central Public Sector Enterprise (CPSE) under administrative control of ..

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