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Government Jobs at PSU: Public Sector Undertakings (PSUs) are established to boost our economic development. When India got independence, there were a limited number of industries in our country, which was insufficient for economic growth. During the 2nd Five-Year Plan, when the Industrial Policy Resolution of 1956 was adopted, it laid the framework for PSUs. PSUs are responsible for national development, ensuring social welfare and economic stability, such as infrastructure development, industrialization, employment generation, national security, planned economic growth, etc.
Government Jobs at PSU
What is PSU Jobs
Jobs at PSU: PSU stands for Public Sector Undertaking. It is a government-owned corporation that plays a crucial role in India's economic development. PSUs are categorized as Maharatna, Navratna, Miniratna, and others. Currently, there are 389 PSUs in our country, which include 14 Maharatnas, 24 Navratnas, and 65 Miniratnas.
PSU Jobs in India
Most people choose PSU jobs because there are several valid reasons, such as job security, competitive salaries, work-life balance, social prestige, etc. As we know, a PSU is a government-owned corporation; therefore, job security in PSU jobs is very high. Other than job security, PSU jobs include other benefits like housing, medical, travel allowance, and leave permissions, which are given only to government employees.
Psu jobs Qualification in India
If we talk about educational qualifications for PSU jobs, then we find that engineering graduates are the most common in PSU jobs. Engineering students in various disciplines like Mechanical, Electrical, Electronics, Computer Science, etc., are eligible for PSU jobs. Engineering positions are recruited through the Graduate Aptitude Test in Engineering (GATE). Other than engineering graduates, diploma holders, science graduates, management graduates, etc., are also eligible for these jobs.
PSU Recruitment Process
The PSU recruitment process typically follows these steps:
- Examination
- GATE (for engineering positions)
- CAT (for management positions)
- UGC NET (for some specialist positions)
- PSU-specific entrance tests
- Interview
- Technical interviews
- HR interviews
- Group discussions (for some positions)
- Document Verification
- Medical Examination
Some PSUs like ONGC, IOCL, NTPC conduct their own recruitment drives while others participate in combined PSU recruitment.
List of PSU in India
Maharatna Companies in India
- Bharat Heavy Electricals Limited (BHEL)
- Bharat Petroleum Corporation Limited (BPCL)
- Coal India Limited (CIL)
- GAIL (India) Limited
- Hindustan Aeronautics Limited (HAL)
- Hindustan Petroleum Corporation Limited (HPCL)
- Indian Oil Corporation Limited (IOCL)
- NTPC Limited
- Oil and Natural Gas Corporation (ONGC)
- Power Finance Corporation (PFC)
- Power Grid Corporation of India Limited (PGCIL)
- Rural Electrification Corporation Limited (REC)
- Steel Authority of India Limited (SAIL)
Navratna Companies in India
- Bharat Electronics Limited (BEL)
- Container Corporation of India Limited (CONCOR)
- Engineers India Limited (EIL)
- Hindustan Aeronautics Limited (HAL)
- Mahanagar Telephone Nigam Limited (MTNL)
- National Aluminium Company Limited (NALCO)
- NBCC (India) Limited
- National Mineral Development Corporation Limited (NMDC)
- NLC India Limited
- Oil India Limited (OIL)
- Power Finance Corporation (PFC)
- Rashtriya Ispat Nigam Limited (RINL)
- REC Limited
- Shipping Corporation of India (SCI)
Jobs at PSU: PSU jobs in India are a good opportunity for aspirants who are preparing for competitive exams. It is a place where candidates can contribute their talent to the development of our nation. Thousands of candidates appear for this exam every year, but only a few of them achieve their goal. Therefore, proper preparation is required to achieve this goal. Save this page in your mobile bookmarks to get PSU job updates faster.
FAQs - Jobs at PSU
Can I join PSU without a GATE?
Yes, some PSUs recruit without GATE scores through their own recruitment exams or based on other qualifications like UGC-NET, CAT, or campus placements.
Who is eligible for PSU?
Eligibility varies by PSU, but generally requires an engineering degree or relevant qualification, often with minimum percentage criteria. Some positions require GATE scores while others have separate exams.
Is DRDO a PSU?
No, DRDO (Defense Research and Development Organization) is not a PSU. It's a government agency under the Ministry of Defence, while PSUs are government-owned corporations.
Is PSU Group A or B?
PSU positions are categorized as Executive (Group A) and Non-Executive (Group B). Most engineering and management positions in PSUs are Group A posts.
Which exam is for PSU?
Many PSUs use GATE scores, while others conduct their own exams like BARC OCES, ISRO Centralized Recruitment, SAIL MT exam, or NTPC ET. Management positions may require CAT scores.
Is GATE compulsory for PSU?
No, GATE is not compulsory for all PSUs. While many Maharatna and Navratna companies use GATE scores, other PSUs have their own recruitment processes without GATE requirement.
Does SBI is PSU?
Yes, State Bank of India (SBI) is a Public Sector Undertaking (PSU) as the government owns a majority stake (over 50%) in the bank.
Is LIC a PSU?
Yes, Life Insurance Corporation of India (LIC) is a PSU as it is wholly owned by the Government of India and is the largest insurance company in India.
Is ONGC under PSU?
Yes, Oil and Natural Gas Corporation (ONGC) is a Maharatna PSU and one of India's largest oil and gas exploration and production companies, owned by the Government of India.
Is PSU fully government?
Most PSUs are fully government-owned (where government holds 100% shares), while some are majority government-owned (51% or more shares). There are also minority government-owned enterprises.
Which is the largest PSU company in India?
Indian Oil Corporation (IOC) is currently the largest PSU by revenue, while ONGC is the most profitable. In terms of market capitalization, LIC is the largest PSU.
What are the 7 new PSUs in India?
As of recent developments, seven new PSUs were created through corporatization of Ordnance Factories: 1) Munitions India Ltd, 2) Armoured Vehicles Nigam Ltd, 3) Advanced Weapons and Equipment India Ltd, 4) Troop Comforts Ltd, 5) Yantra India Ltd, 6) India Optel Ltd, and 7) Gliders India Ltd.
