Question – On October 12, 2021, the central government gave Maharatna status to the public sector company Power Finance Corporation Ltd. After this the total number of Maharatna companies became
(a) 10
(b) 12
(c) 11
(d) 8
Answer—(c)
Related facts—
- On October 12, 2021, the central government gave Maharatna status to the public sector company Power Finance Corporation Ltd.
- After this the total number of Maharatna companies has gone up to 11.
- Other Public Sector Undertakings which have been accorded Maharatna status by the Central Government are as follows:
- Bharat Heavy Electricals Ltd. (BHEL)
- Coal India Ltd. (CIL)
- GAIL India Ltd. (GIL)
- Indian Oil Corporation Ltd. (IOCL)
- NTPC Ltd. (NTPC Ltd.)
- Oil & Natural Gas Ltd. (ONG)
- STEEL AUTHORITY OF INDIA LTD. (SAIL)
- Bharat Petroleum Corporation Ltd. (BPCL)
- Hindustan Petroleum Corporation Ltd. (HPCL)
- Power Grid Corporation of India Ltd.
- It is to be known that the ‘Maharatna Yojana’ was launched by the Central Government in February 2010.
- The objective of the scheme is to enable large Central Public Sector Undertakings (CPSEs) to expand their business and emerge as the world’s largest company.
- ‘Maharatna’ Central PSUs can invest Rs 5,000 crore in a project.