The government grants the status of Maharatna, Navratna, and Miniratna to Public Sector Undertakings (PSUs) and Central Public Sector Enterprises (CPSEs) based upon the profit made by these enterprises. The Maharatna, Navratna and Miniratna statuses give financial and administrative power to the companies to a certain extent.
from Jagran Josh https://ift.tt/2ravqaR
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