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MAHARATNA / NAVRATNA / MINIRATNA STATUS OF PSUs – IX

Chapter IX

Maharatna/Navratna/Miniratna
1 Turning selected public sector enterprises into global giants-grant of autonomy.
(DPE O.M. No. DPE/11(2)/97-Fin. dated 22nd July, 1997)
2 Turing selected public sector units into global giants-monitoring of performance towards globalization effort .
(DPE O.M. No.DPE/11(2)/97-Fin. dated 22nd July, 1997)
3 Turning selected PSEs into global giants-Restructuring of the Boards-setting up of a Search Committee for selection of non-official part-time Directors.
(DPE O.M. No.DPE/11(2)/97-Fin. dated 22nd July, 1997)
4 Turning selected Public Sector Enterprises into global giants-Navratnas.
(DPE O.M. No.DPE/11(2)/97-Fin. dated 26th September, 1997
5 Financial and operational autonomy for profit making public sector enterprises-Mini-Ratnas.
(DPE O.M. No.11/36/97-Fin. dated 9th October, 1997)
6 Financial and operational autonomy for profit making enterprises (Miniratnas)-Monitoring of performance.
(DPE O.M. No.DPE/11/36/97-Fin. dated 9th October, 1997)
7 Inclusion of MTNL and GAIL in the list of Navratna.
(DPE O.M. No.DPE/11(2)/97-Fin. dated 11th November, 1997)
8 Delegation of financial powers to Mini Ratna Enterprises.
(DPE O.M. No. DPE/11(36)/97-Fin. dated 17th February, 1998)
9 Amendment in the Articles of Association of Mini-Ratna companies-Approval of DPE.
(DPE O.M. No.DPE/13(26)/98-Fin.G.II dated 27th November, 1998)
10 Financial and operational autonomy for profit making enterprises (Mini-Ratnas)-Monitoring of performance.
(DPE O.M. No.DPE/11/36/97-Fin.(Mini) G.III dated 2nd December, 1998)
11 Laying down guidelines and parameters for the Board of Directors of Navratna PSUs to enter into technology joint venture and strategic alliances.
(DPE OM No. 11(32)/96-Fin. dated 17th January, 2000)
12 Review of the performance of Navratna and Miniratna enterprises-grant/divestment of status thereof.
(DPE OM No.DPE/4(8)/2000-Fin.GL-XXXXIX dated 11th June, 2001)
13 Review of performance of Narvatna and Miniratna enterprises-grant/divestment of status thereof.
(DPE O.M. NO.DPE/3(2)/2001-Fin. dated 15th March, 2002)
14 Merger and Acquisition decision by the Central PSUs
(DPE OM No. 3(2)/2003-DPE(Fin.)/GL.XVI dated 11th February, 2003)
15 Empowerment of Central Public Sector Enterprises (CPSEs)—enhancement of delegated powers of Navratna PSEs. (DPE O.M. No. 18(24)/2003-GM- GL.64 dated 5th August, 2005)
16 Empowerment of Central Public Sector Enterprises (CPSEs)—enhancement of delegated powers of Miniratna PSEs. (DPE O.M. No. 18(24)/2003-GM-GL. 65 dated 5th August, 2005)
17 Empowerment of Central Public Sector Enterprises (CPSEs)- enhancement of delegated powers of other profit making PSEs (DPE OM No. 18(24)/2003-GM - GL.66 dated, the 5th August, 2005)
18 Review of the performance of Navratna and Miniratna enterprises—grant/ divestment of status thereof. (DPE O.M. No. 18(24)/2003-GM- GL.67 dated 12th August, 2005)
19 Recommendations of the Ad-hoc Group of Experts on empowerment of Central Public Sector Enterprises (CPSEs) – Creation/Disinvestment of subsidiaries by the Navratna and Miniratna Companies (DPE OM No. 18(16)/2005-GM-GL-82 dated 23rd May, 2007
20 Recommendations of the Ad-hoc Group of Experts on empowerment of Central Public Sector Enterprises (CPSEs) – Mergers and Acquisitions by the Navratna and Miniratna CPSEs (DPE OM No. 18(16)/2005-GM-GL-83 Dated the 28th May, 2007)
21 Recommendations of the Ad-hoc Group of Experts on empowerment of Central Public Sector Enterprises (CPSEs) – Modification of the composition of Search Committee for selection of non-official part-time Directors on the Boards of Navratna and Miniratna CPSEs – Ordered. (DEP OM No. 18(16)/2005-GM-GL-85 Dated the 29th May, 2007)
22 Recommendations of the Ad-hoc Group of Experts on empowerment of Central Public Sector Enterprises (CPSEs) – Clarification on Budgetary Support to Navratna and Miniratna CPSEs – Issued. (DPE OM No. 18(16)/2005-GM-GL-84 Dated the 28th May, 2007)
23 Introduction of “Maharatna” Scheme for Central Public Sector Enterprises (CPSEs) ( DPE OM No. 22(1)/2009-GM dated 4th Fenruary 2010)
24 Policy for acquistion of Raw Material assets abroad by Central Public Sector Enterprises(CPSEs).( DPEOM No. 16(4)/2010-GM dated 24th October, 2011)
25 Constitution of Coordinating Committee of Secretaries for Policy for acquisition of Raw Material Assets abroad by Central Public Sector Enterprises(CPSEs).
26 Policy for acquisition of raw material assets abroad by Central Public Enterprises.Guideline and advisory issued by Ministry of External Affairs [DPE OM No. 16(4)/2010-GM DAted 23rd January,2012]