Question
The term 'Navratnas' in public sector reform refers to:
This question was previously asked in
SSC CGL 2025 Tier 2 Paper 1 Question Paper (19-Jan-2026)
The correct answer is
Public enterprises granted autonomy for better performance
Navratnas: Public Sector Reform Explained
The term 'Navratnas' specifically refers to a status granted to select public sector undertakings (PSUs) in India.
This initiative is part of public sector reform aimed at improving the efficiency and performance of these enterprises.
- Key Feature: PSUs designated as 'Navratnas' are given significant operational, financial, and managerial autonomy.
- Purpose: This enhanced autonomy allows them to make independent decisions regarding investments, restructuring, joint ventures, and other strategic activities.
- Objective: The goal is to empower these enterprises to perform better, become more competitive, and contribute more effectively to the economy.
Therefore, 'Navratnas' fundamentally represent public enterprises granted autonomy for better performance.
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