Eligibility Criteria for Grant of Maharatna, Navratna and Miniratna Status to CPSEs


Maharatna

Navratna

Eligibility

Three years with an average annual net profit of over Rs. 5000 crore, OR Average annual Net worth of Rs. 10,000 crore for 3 years, OR Average annual Turnover of Rs. 20,000 crore for 3 years (against Rs25,000 crore prescribed earlier

A score of 60 (out of 100), based on six parameters which include net profit, net worth, total manpower cost, total cost of production, cost of services, PBDIT (Profit Before Depreciation, Interest and Taxes), capital employed, etc., AND

A company must first be a Miniratna and have 4 independent directors on its board before it can be made a Navratna.

Benefits for ....

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Indian Economy & Socio-economic Development