Public Sector Enterprises in India: Insights into Navratna, Maharatna, and Miniratna Classifications
In India, Central Public Sector Enterprises (CPSEs) are classified into three categories: Navratna, Maharatna, and Miniratna. These classifications reflect the financial performance, strategic importance, and operational autonomy of these enterprises. Here's a detailed explanation of each category, the criteria for classification, and the advantages associated with each status.