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Question

Which one of the following comes under Navratna Central Public Sector Enterprises (CPSEs)?

The correct answer is

Container Corporation of India Limited (CONCOR)

Navratna CPSEs Classification

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.

CPSE Options Analysis

Let's look at the companies listed in the options:

  • Container Corporation of India Limited (CONCOR): CONCOR is a key player in India's logistics sector, managing railways, container terminals, and logistics parks. It has been conferred the Navratna status by the government.
  • Bharat Heavy Electricals Limited (BHEL): BHEL is a leading engineering and manufacturing company in the power and industrial sectors. It is classified as a Maharatna CPSE, which is a higher category than Navratna.
  • NTPC Limited: NTPC is a major energy company primarily involved in power generation. Like BHEL, NTPC is also a Maharatna CPSE.
  • Cochin Shipyard Limited: This company specializes in shipbuilding and ship repair. Cochin Shipyard Limited falls under the 'Miniratna' category, which offers a lower level of financial autonomy compared to Navratna or Maharatna status.

Navratna CPSE Identification

Comparing the status of the companies provided:

  • CONCOR is a Navratna CPSE.
  • BHEL is a Maharatna CPSE.
  • NTPC Limited is a Maharatna CPSE.
  • Cochin Shipyard Limited is a Miniratna CPSE.

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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