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PSU Inc. Ministry Headquarters Sector Group Ratna status Government Shareholding % 1 Agriculture Insurance Company of India: 2002 Ministry of Finance: New Delhi: Services Insurance Services 100.0 2 AI Engineering Services: 2006 Ministry of Civil Aviation: New Delhi, Delhi: DGCA CAR 145 approved company for Aircraft, Engine and Component Maintenance
Public Sector Undertakings in India. Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments. Depending on the level of government ownership, they can be broadly categorised as Central PSUs or State PSUs. [citation needed]
Power Finance Corporation Ltd. Power Finance Corporation Ltd. ( P. F. C.) is an Indian central public sector undertaking owned by the Ministry of Power, Government of India. Established in 1986, it is the financial backbone of Indian power sector. PFC's net worth as on 30 June 2023 is INR 1.184 trillion. [2]
State-owned enterprise. A state-owned enterprise ( SOE) is a government entity which is established or nationalised by a national or provincial government, by an executive order or an act of legislation, in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a ...
Punjab State Power Corporation Limited (PSPCL) is the electricity generating and distributing state-owned company of the Punjab state in India. It was formerly known as Punjab State Electricity Board (PSEB) which was unbundled by the government of Punjab into two companies on 16 April 2010 as Punjab State Power Corporation Ltd. (POWERCOM) and Punjab State Transmission Corporation Ltd. (TRANSCO).
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India. The shares of these government-owned-banks are listed on stock exchanges.
Disinvestment in Public sector undertakings in India is a process of public asset sales done by the President of India on behalf of the Government of India. It can be directly offered for sale to the private sector or indirectly done through a bidding process. The Public Enterprises Survey (2015–16), brought out by the Department of Public ...
Public sector undertakings in Kerala, [1] [2] i.e. enterprises in which majority shareholder is Government of Kerala are generally divided into Manufacturing & Non-Manufacturing. Some of the PSUs such as Kinfra, KSIDC, SIDCO etc. are promotional agencies. [3] As of 2004 there were 104 enterprises spread over 14 different sectors of Kerala economy.