Which one of the following comes under Navratna Central Public Sector Enterprises (CPSEs)?
Container Corporation of India Limited (CONCOR)
Central Public Sector Enterprises (CPSEs) are government-owned corporations. To encourage better performance and provide more autonomy, the Indian government categorizes them. The main categories include Maharatna, Navratna, and Miniratna. The 'Navratna' status is granted to CPSEs that have shown excellent performance over several years and meet specific financial criteria. This status allows these companies greater financial independence and decision-making power, enabling them to invest up to a certain limit (currently $1000$ crore or $15\%$ of net worth, whichever is less) without seeking government approval.
Let's look at the companies listed in the options:
Comparing the status of the companies provided:
Based on this, the Container Corporation of India Limited (CONCOR) is the CPSE among the options that falls under the Navratna category.
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IFSCA stands for
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