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S.No PSU Inc. Ministry Headquarters Sector Group Ratna status; 1 Agriculture Insurance Company of India: 2002 Ministry of Finance: New Delhi: Services Insurance Services
Each PSU has its own recruitment rules and employment in PSUs is highly sought after in India due to high pay and its job security, with most preferring candidates with a GATE score. [3] In 1951, there were five PSUs under the ownership of the government. By March 2021, the number of such government entities had increased to 365. [4]
The function of human resources management is to provide the employees with the capability to manage: healthcare, record keeping, promotion and advancement, benefits, compensation, etc. The function, in terms of the employers benefit, is to create a management system to achieve long-term goals and plans.
NPC is a constituent of the Tokyo-based Asian Productivity Organization (APO), an Inter-Governmental Body, The Government of India is a founder member. [11] The National Productivity Council has been accredited by the Quality Council of India's National Accreditation Board for Certification Body to ISO 17020:2012.
It became a Kerala State public sector enterprise in 1960 and in 1962, it came under the Government of India. The consultancy unit known as FACT Engineering and Design Organisation (FEDO) was set up in 1965 and has since diversified into chemicals, petrochemicals, hydrometallurgy, pharmaceuticals and other areas.
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