About Maharatna ,Navratna, Miniratna CPSEs

Navratna was the title given originally to nine Public Sector Enterprises (PSEs) identified by the Government of India in 1997 as "public sector companies that have comparative advantages", giving them greater autonomy to compete in the global market so as to "support [them] in their drive to become global giants". The number of PSEs having Navratna status has been raised to 16, the most recent addition being Oil India Limited.

PSU companies are divided into three categories:

• Maharatna
• Navratna
• Miniratna CPSEs
  • Category I
  • Category II

Maharatna status

In 2009, the government established the Maharatna status, which raises a company's investment ceiling from Rs. 1,000 crore to Rs. 5,000 crore. The Maharatna firms can now decide on investments of up to 15 per cent of their net worth in a project; the Navaratna companies could invest up to Rs 1,000 crore without explicit government approval. BHEL is elegible for maharatna status and also apply for the same.
 

List of Maharatna

1.     Coal India Limited 
2.     Indian Oil Corporation Limited
3.     NTPC Limited
4.     Oil and Natural Gas Corporation Limited 
5.     [SAIL] steel authority of India limited

Navratna status
Navratna was the title given originally to nine Public Sector Enterprises (PSEs), identified by the Government of India in 1997 as having comparative advantages, which allowed them greater autonomy to compete in the global market. The number of PSEs having Navratna status has been raised to 16, The government is likely to accord the coveted status to [mishra dhati nigam limited], which is under consideration.
List of Navratna

1.     Bharat Heavy Electricals Limited
2.     Bharat Electronics Limited
3.     Bharat Petroleum Corporation Limited
4.     Hindustan Aeronautics Limited
5.     Hindustan Petroleum Corporation Limited
6.     Mahanagar Telephone Nigam Limited
7.     National Aluminium Company Limited
8.     National Mineral Development Corporation Limited
9.     Neyveli Lignite Corporation Limited
10.     Oil India Limited
11.     Power Finance Corporation Limited
12.     Power Grid Corporation of India Limited
13.     Rashtriya Ispat Nigam Limited
14.     Rural Electrification Corporation Limited
15.     Shipping Corporation of India Limited
16.     GAIL (India) Limited

Miniratna Status
In addition, the government created another category called Miniratna. Miniratnas can also enter into joint ventures, set subsidiary companies and overseas offices but with certain conditions. In 2002, there were 61 government enterprises that were awarded Miniratna status. However, at present, there are 68 government enterprises that were awarded Miniratna status.
Category I
This designation applies to PSEs that have made profits continuously for the last three years or earned a net profit of Rs. 30 crore or more in one of the three years. These miniratnas granted certain autonomy like incurring capital expenditure without government approval up to Rs. 500 crore or equal to their net worth, whichever is lower.

1.     Projects & Development India limited
2.     Airports Authority of India
3.     Antrix Corporation Limited
4.     Balmer Lawrie & Co. Limited
5.     Bharat Dynamics Limited
6.     BEML Limited
7.     Bharat Sanchar Nigam Limited
8.     Bridge & Roof Company (India) Limited
9.     Central Warehousing Corporation
10.     Central Coalfields Limited
11.     Chennai Petroleum Corporation Limited
12.     Cochin Shipyard Limited
13.     Container Corporation of India Limited
14.     Dredging Corporation of India Limited
15.     Engineers India Limited
16.     Ennore Port Limited
17.     Garden Reach Shipbuilders & Engineers Limited
18.     Goa Shipyard Limited
19.     Hindustan Copper Limited
20.     HLL Lifecare Limited
21.     Hindustan Newsprint Limited
22.     Hindustan Paper Corporation Limited
23.     Housing and Urban Development Corporation
24.     India Tourism Development Corporation
25.     Indian Railway Catering and Tourism Corporation
26.     IRCON International Limited
27.     Kudremukh Iron Ore Company Limited.
28.     Mazagaon Dock Limited
29.     Mahanadi Coalfields Limited
30.     Manganese Ore (India) Limited
31.     Mangalore Refinery and Petrochemicals Limited
32.     Mishra Dhatu Nigam Limited
33.     Minerals and Metals Trading Corporation of India
34.     MSTC Limited
35.     National Fertilizers Limited
36.     National Seeds Corporation Limited
37.     NHPC Limited
38.     Northern Coalfields Limited
39.     Numaligarh Refinery Limited
40.     ONGC Videsh Limited
41.     Pawan Hans Helicopters
42.     Rashtriya Chemicals & Fertilizers Limited
43.     RITES Limited
44.     Satluj Jal Vidyut Nigam
45.     Security Printing and Minting Corporation of India Limited
46.     South Eastern Coalfields Limited
47.     State Trading Corporation of India Limited
48.     Tehri Hydro Development Corporation Limited
49.     Telecommunications Consultants (India) Limited
50.     Western Coalfields Limited
51.     Water & Power Consultancy (India) Limited
52.     RailTel Corporation of India Ltd.

===Category 53. Broadcast Engineering Consultants (I) Limited 54. Central Mine Planning & Design Institute Limited 55. Ed.CIL (India) Limited 56. Engineering Projects (India) Limited 57. FCI Aravali Gypsum & Minerals India Limited 58. Ferro Scrap Nigam Limited 59. HMT (International) Limited 60. HSCC (India) Limited 61. India Trade Promotion Organisation 62. Indian Medicines & Pharmaceuticals Corporation Limited 63. M E C O N Limited 64. National Film Development Corporation Limited 65. National Small Industries Corporation Limited 66. P E C Limited 67. Rajasthan Electronics & Instruments Limited