13/10/2018

PSU Jobs 2019 – Complete Detail on PSU Recruitment in India

PSU Jobs 2019 – Complete Detail on PSU Recruitment in India

Here we are going to discussed all about Public sector undertaking ( PSU Jobs ) such as what is it, what are its different types? and what is the procedure for Engineers to get recruited in it?

( I will try to be precise and brief throughout this article about PSU Jobs. )

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  1. What is PSU's? 
  2. Classification of PSU's
  3. RECRUITMENT PROCEDURE
  4. GATE CUTOFF FOR PSU

What is PSU and how it can be classified?

PSU are the companies whose 51% or more shares are held by central government or state government or partially by both of them.

PSU can be classified into 3 types which are Central Public Sector Enterprises (CPSEs), Public Sector Enterprises (PSEs), and Public Sector Banks (PSBs).

Department of public enterprise (DPE) further classify Central Public Sector Enterprises into MAHARATNA, NAVRATNA and MINIRATNA I & II Categories. 

PSU Jobs : MINIRATNA II

DPE assign Miniratna Category 2 status to a company when it has made profit for the last three years continuously and should have a positive net worth.
PSU Jobs 2018: List of Miniratna Category 2 companies
Bharat Pumps & Compressors Limited Broadcast Engineering Consultants (I) LimitedCentral Mine Planning & Design Institute Limited
Central Railside Warehouse Company LimitedEil (India) limited
Engineering Projects (India) LimitedFCI Aravali Gypsum & Minerals India Limited
Ferro Scrap Nigam LimitedHMT (International) Limited
HSCC (India) LimitedIndian Medicines & Pharmaceuticals Corporation Limited
MECON LimitedMineral Exploration Corporation limited
National Film Development Corporation LimitedNational Small Industries Corporation Limited
PEC LimitedRajasthan Electronics & Instruments Limited

PSU Jobs : MINIRATNA I

DPE assign Miniratna Category 1 status to a company when it has made a profit for the last three years continuously, it should have a positive net worth and the pre-tax profit should have been Rs. 30 crores or more in at least one of the three years.
PSU Jobs 2018 : List of Miniratna Category 1 PSU companies
Airports Authority of IndiaAntrix Corporation Limited
Balmer Lawrie & Co. LimitedBharat Coking Coal Limited
Bharat Dynamics Limited BEML Limited
Bharat Sanchar Nigam LimitedBridge & Roof Company (India) Limited
Central Warehousing CorporationCentral Coalfields Limited
Chennai Petroleum Corporation LimitedCochin Shipyard Limited
Dredging Corporation of India LimitedKamarajar Port Limited
Garden Reach Shipbuilders & Engineers LimitedGoa Shipyard Limited
Hindustan Copper LimitedHLL Lifecare Limited
Hindustan Newsprint LimitedHindustan Paper Corporation Limited
Housing & Urban Development Corporation LimitedIndia Tourism Development Corporation Limited
Indian Rare Earths LimitedIndian Railway Catering & Tourism Corporation Limited
Indian Renewable Energy Development Agency LimitedIndia Trade Promotion Organisation
IRCON International LimitedKIOCL Limited
Mazagondock limitedMahanadi Coalfields Limited
Manganese Ore (India) LimitedMangalore Refinery & Petrochemical Limited
Mishra Dathu Nigam LimitedMMTC Limited
MSTC LimitedNational Fertilisers Limited
National Seeds Corporation LimitedNHPC Limited
Northern Coalfields LimitedNorth Eastern Electric Power Corporation Limited
Numaligarh Refinery LimitedONGC Videsh Limited
Pawan Hans Helicopters LimitedProjects & Development India Limited
Railtel Corporation of India LimitedRail vikas Nigam limited
Rashtriya Chemicals & Fertilizers LimitedRITES LIMITED
SJVN LimitedSecurity Printing and Minting Corporation of India Limited
South Eastern Coalfields LimitedState Trading Corporation of India Limited
Telecommunications Consultants India LimitedTHDC India limited
Western Coalfields LimitedWAPCOS Limited

PSU Jobs : NAVRATNA

A company become eligible for NAVRATNA status when it already has Miniratna category 1 and have at least three Outstanding Memorandum of Understanding (MoU) ratings during the last five years.
PSU Jobs 2018 : List of Navratna PSU Companies :
Bharat Electronics Limited (BEL)Bharat Petroleum Corporation Limited (BPCL)
Container Corporation of India LimitedEngineers India Limited
Hindustan Aeronautics LimitedHindustan Petroleum Corporation Limited
Mahanagar Telephone Nigam LimitedNational Aluminium Company Limited
National Buildings Construction Corporation LimitedNMDC Limited
Neyveli Lignite Corporation LimitedOil India Limited
Power Finance Corporation LimitedPower Grid Corporation of India Limited
Rashtriya Ispat Nigam Limited / VIZAG SteelRural Electrification Corporation Limited
Shipping Corporation of India Limited

PSU Jobs : MAHARATNA

A company become eligible for MAHARATNA Status when it has an average annual turnover of Rs 20,000 crore during the last three years. The average annual net worth of the company should be Rs 10,000 crore.
PSU Jobs 2018 : List of Maharatna PSU companies
Bharat Heavy Electricals Limited (BHEL)
Coal India Limited
Gas authority of India limited (GAIL (India) Limited)
Indian Oil Corporation Limited (IOCL)
National Thermal Power Corporation Limited (NTPC Limited)
Oil & Natural Gas Corporation Limited (ONGC)
Steel Authority of India Limited (SAIL)

PSU Jobs Recruitment Procedure

Till now what we have read we can conclude that PSU sector covers vast fields such as service, banking, heavy industries, telecom etc. From last few years, it has been seen that many PSU companies have started recruiting engineers through GATE Exam.

List of PSU recruiting through GATE Exam