India’s Top PSUs 2019

19 Accumulated real investment/ gross block in CPSEs Source: Public Enterprises Survey 2017-18, Department of Public Enterprises Performance of CPSEs with Ratna-status CPSEs are further categorised into three levels namelyMaharatna, Navratna andMiniratna. This classificationwas introduced by the government in order to make promising profit-making CPSEs more efficient and competitive. CPSEs under these categories are delegated with enhanced autonomy and financial powers subject to certain eligibility criteria. As of Jun 2019, 8 CPSEs fall under Maharatna category, 16 CPSEs fall under Navratna category and 73 CPSEs fall under Miniratna category. Maharatna account for over 50% of share in total income of Ratna-status CPSEs. In FY18, total income of Ratna- status CPSEs increased by 10.4% y-o-y as compared to 8.1% y-o-y in FY17, largely driven by the growth in total income of Maharatna and Navratna CPSEs. Maharatna and Navratna CPSEs driving growth in total income of Ratna category CPSEs Source: D&B Research