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Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the government.
PSU Inc. Ministry Headquarters Sector Group Ratna status; 1 ... Central Cottage Industries Corporation of India Limited 1976 Ministry of Textiles: New Delhi: Services
The Government of India and individual state governments has its public service commissions. [2] The central government's Union Public Service Commission (UPSC) conducts examinations for recruitment to the All India Services (AIS) and the Central Civil Services (CCS) and to advise the President on disciplinary matters.
The Institute of Banking Personnel Selection (IBPS) is a central recruitment agency operating under the ownership of the Ministry of Finance in the Government of India that was started with an aim to encourage the recruitment and placement of young undergraduates, postgraduates and doctorates at the rank of Group 'A' officer, Group 'B' officer, Group 'C' employee and Group 'D' employee in ...
Public sector undertakings (PSUs) in India, for long, have had troubles conducting their recruitment processes with more than 100,000 students taking the exams for less than 1000 jobs (a selection rate of less than 1%). After sensing the exponential rise in the number of engineering graduates in India who wish to get a PSU job, the PSUs have ...
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India. The shares of these government-owned-banks are listed on stock exchanges.
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Public Sector Undertakings (PSUs) are government owned establishments, which are established and owned by the Government of India or State governments of India.The public sector undertakings are established either by nationalisation or an executive order in case of union government and state government or act of parliament in case of union government and act of state legislature in case of ...