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.
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)
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.