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Incredible India

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MAHARATNA / NAVRATNA / MINIRATNA STATUS OF PSUs – IX

Chapter IX

Maharatna/Navratna/Miniratna Status of CPSEs
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 Grant of Navratna status to BEL,HAL & PFC ( DPE OM No. 26(3)/2005-GM-GL-86 dated 27th June, 2007)
24 Grant of Navratna status to NMDC Limited, a Central Public Sector Enterprise (DPE OM No. 26(3)/2005-GM-GL-90 Dated the 23rd January, 2008)
25 Grant of Navratna status to National Aluminium Company Limited (NALCO), a Central Public Sector Enterprise (DPE OM No. 26(3)/2005-GM-GL-91 Dated the 28th April, 2008)
26 Grant of Navratna status to Power Grid Corporation of India Limited (PGCIL), a Central Public Sector Enterprise (DPE OM No. 26(3)/2005-GM-GL-92 Dated the 1st May, 2008)
27 Grant of Navratna status to Rural Electrification Corporation Limited (REC), a Central Public Sector Enterprise (DPE OM No. 26(3)/2005-GM-GL-93 Dated the 5th May, 2008)
28 Grant of Navratna status to Shipping Corporation of India Limited (SCI), a Central Public Sector Enterprise (DPE OM No. 26(3)/2005-GM-GL-93 dated 1st August, 2008)
29 Grant of Navratna status to Coal India Limited (CIL), a Central Public Sector Enterprise (DPE OM No. 26(3)/2005-GM-GL-94 dated 24th October 2008)
30 Introduction of “Maharatna” Scheme for Central Public Sector Enterprises (CPSEs) ( DPE OM No. 22(1)/2009-GM dated 4th Fenruary 2010)
31 Grant of Maharatna status to selected Central Public Sector Enterprises (CPSEs)
32 Grant of Navratna status to Rashtriya Ispat Nigam Limited (RINL), a Central Public Sector Enterprises
33 Grant of Navratna status to Oil India Limited (OIL), a Central Public Sector Enterprises
34 Grant of Navratna status to Neyveli Lignite Corporation Ltd. (NLC), a Central Public Sector Enterprise ( DPE OM No. 26(3)/2005-GM dated 11th April 2011
35 Grant of Maharatna status to select Central Public Sector Enterprises (CPSEs) ( DPE OM No. 22(1)2009-GM dated 11th April 2011)
36 Policy for acquistion of Raw Material assets abroad by Central Public Sector Enterprises(CPSEs).( DPEOM No. 16(4)/2010-GM dated 24th October, 2011)
37 Constitution of Coordinating Committee of Secretaries for Policy for acquisition of Raw Material Assets abroad by Central Public Sector Enterprises(CPSEs).
38 Guideline and Advisory issued by Ministry of External Affairs regarding association of MEA and its mission abroad in the process of acquisition of raw material assets abroad by CPSEs.
39 Grant of Maharatna status to GAIL (India) Limited ( DPE OM No. 22(1)/2009-GM dated 1st February, 2013)
40 Grant of Maharatna status to Bharat Heavy Electricals Limited ( DPE OM No. 22(1)/2009-GM dated 1st February, 2013)
41 Grant of Navratna status to National Buildings Construction Corporation Limited (NBCC ) ( DPE OM No. 26(1)/2014-GM dated 23rd June, 2014)
42 Grant of Navratna status to Engineers India Limited (EIL) ( DPE OM No. 26(1)/2011-GM dated 24th June 2014)