What is the Salary of Toppers in PSU After Passing GATE Exam 2022?

What is the Salary of Toppers in PSU After Passing GATE Exam 2022?

In this blog we will talk about what is the salary of toppers in PSU after passing the GATE exam. And we will also see what salary is available in which department. And what are the departments and you will be surprised to know that the salary of a software engineer is available in PSU.

What-is-the-Salary-of-Toppers-in-PSU-After-Passing-GATE-Exam-2022
What is the Salary of Toppers in PSU After Passing GATE Exam 2022?

And it depends which are the PSUs and we will also know how much salary is available in which PSU, through this blog you will also be able to know that how many PSUs are there in India.

What is PSU?

Government owned corporations are called Public Sector Undertakings (PSUs) in India. In PSU majority (51% or more) the paid-up share capital is held by the Central Government or any State Government or partly by the Central Government and partly by one or more State Governments.

What is the Salary of Toppers in PSU After Passing GATE Exam 2022
What is the Salary of Toppers in PSU After Passing GATE Exam 2022?

Many Public Sector Undertakings (PSUs) under the aegis of Government of India regularly provide tremendous employment opportunities in various technical and management sectors.

How many PSUs are there in India?

1-Maharatna:Maharatna is the status given to top public sector enterprises, where companies have the right to make foreign investment up to Rs 5,000 crore without any government approval. To qualify as a Maharatna, a company must have an annual net profit of more than Rs. 5,000 crore, net worth Rs. 15,000 crore and turnover of Rs. 25,000 crore in the last three years.

What is the Salary of Toppers in PSU After Passing GATE Exam 2022
What is the Salary of Toppers in PSU After Passing GATE Exam 2022?

The companies currently having Maharatna status are: BHEL, BPCL, CIL, GAIL, HPCL, IOCL, NTPC, ONGC, PGCIL and SAIL.

2-Navratna:– Navratna status is given to companies by the Department of Public Enterprises. To qualify as a Navratna, a company must obtain a score of 60 out of 100. The score is based on six parameters which include Net Profit to Net Worth, Total Manpower Cost to Cost of Production or Cost of Services, PBDIT (Profit). for capital employed, before depreciation, interest and taxes), PBDIT for turnover, EPS (earnings per share) and inter-sectoral performance. Additionally, a company must first be a Miniratna and have four independent directors on its board before it can be made a Navratna.

What is the Salary of Toppers in PSU After Passing GATE Exam 2022
What is the Salary of Toppers in PSU After Passing GATE Exam 2022?

Navratna status gives the privilege to enhance financial and operational autonomy and entitles to invest up to Rs. 1000 crores or 15% of their total assets on a single project without the approval of the government. These companies can spend up to 30 per cent of their total assets in a year, which does not exceed Rs. 1000 crores. They will also have the freedom to enter into joint ventures, form alliances and form subsidiaries overseas.

How many PSUs are there in India?

Catagory Number Of PSUs
Maharatna 11
Navratna 13
Miniratna Catagory- | 61
Miniratna Catagory- || 12
What is the salary structure of Public Sector Undertakings?
Organization Status Salary Structure
Oil & Natural Gas Corporation Limited (ONGC) Maharatna Rs. 60,000-1,80,000
Indian Oil Corporation Limited (IOCL) Maharatna Rs. 60,000-1,80,000
National Thermal Power Corporation Limited (NTPC) Maharatna Rs. 60,000-1,80,000
Coal India Limited (CIL) Maharatna Rs. 60,000-1,80,000
Steel Authority of India (SAIL) Maharatna Rs. 60,000-1,80,000
Bharat Petroleum Corporation Limited (BPCL) Maharatna Rs. 60,000-1,80,000
Gas Authority of India Limited (GAIL) Maharatna Rs. 60,000-1,80,000
Neyveli Lignite Corporation Limited(NLC) Navratna Rs.20600-3%-46500
Hindustan Petroleum Corporation Limited (HPCL) Navratna Rs. 60,000-1,80,000
Oil India Limited (OIL) Navratna Rs. 60,000-1,80,000
Power Grid Corporation of India Limited (PGCIL) Navratna Rs. 60,000-1,80,000
Hindustan Aeronautics Limited (HAL) Navratna Rs.16,400-Rs. 40,500
National Mineral Development Corporation Limited (NMDC) Navratna Rs. 40000-3%-140000
Power Finance Corporation Limited Navratna Rs. 40,000-3%-1,40,000
National Aluminum Company Limited (NALCO) Navratna Rs. 60,000-1,80,000
Mazagaon Docks Limited (MDL) Mini-Ratna Rs. 40,000-1,40,000
Airport Authority Of India Limited (AAI) Mini-Ratna Manager:Rs.60,000-1,80,000

Junior Executive: 

Rs. 40,000-1,40,000

Nuclear Power Corporation of India Limited  (NPCIL) Mini-Ratna Level 10 of the Pay Matrix

– 7th CPC (Rs.56,100/-)

Mineral Exploration Corporation Limited Mini-Ratna Rs. 60,000-1,80,000
What is the age criteria for PSU?
Organization Age Criteria
PSU Name GEN OBC SC/ST PH
Bridge & Roof co. (I) Ltd 24 years 24-27 years 29 years 29 years-General 32 years-OBC 34 years- SC/ST  
BHEL 27 years 27-30 years 32 years 32 years-General 35 years-OBC 37 years- SC/ST  
ONGC 30 years 30-33 years 35 years 35 years-General 38 years-OBC 40 years- SC/ST  
NTPC 27 years 27-30 years 32 years 32 years-General 35 years-OBC 37 years-SC/ST  
SAIL 30 years 30-33 years 35 years 35 years-General 38 years-OBC 40 years- SC/ST  
IOCL 26 years 26-29 years 31 years 31 years-General 34 years-OBC 36 years- SC/ST  
ISRO 28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  
PGCIL 28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  
HAL 28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  
NALCO 30 years 30-33 years 35 years 33 years-General 36 years-OBC 38 years- SC/ST  
GAIL 28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  
DRDO 28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  
DMRC 28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  
GAIL 26 years 26-29 years 31 years 31 years-General 34 years-OBC 36 years- SC/ST  
BPCL 28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  
MTNL 30 years 30-33 years 35 years 35 years-General 38 years-OBC 40 years- SC/ST  
HPCL 25 years 25-28 years 30 years 30 years-General 33 years-OBC 35 years- SC/ST  
BEL 25 years 25-28 years 30 years 30 years-General 33 years-OBC 35 years- SC/ST  
BARC 28 years 28-31 years 33 years 33 years-General 36 years-OBC 38 years- SC/ST  
Indian Railways 22 to 35 age Group 22 to 35 age group + relaxable upto 3 years 22 to 35 age group +relaxable by 5 years 22 to 35 age group + 5 years-General 8 years-OBC 10 years- SC/ST  
VIZAG STEEL 25 years 25-28 years 30 years 30 years-General 33 years-OBC 35 years- SC/ST  
NHPC 30 years 30-33 years 35 years 35 years-General 38 years-OBC 40 years- SC/ST  
BSNL 30 years 30-33 years 35 years 35 years-General 38 years-OBC 40 years- SC/ST  
PRASAR BHARATI 27 years 27-30 years 32 years 32 years-General 35 years-OBC 37 years-SC/ST 

What is the percentage criteria of Public Sector Undertakings?

Organization Streams Applicable Percentage
    GEN OBC SC/ST PH
BHEL EC, EE, ME, MT 60 60 60 60
ONGC ECE, EE, ME, CE, CS, IN, CH,  60 60 60 60
NTPC EC, EE, ME, EC, CS, IN 65 65 55 55
SAIL EC ,EE,ME,CS, IN, CH, Metallurgy, Ceramics 65 65 55 55
IOCL EC, EE, ME, CE, CS, IN 65 65 55 55
ISRO EC, EE, ME, CS 65 65 65 65
PGCIL EC, EE, ME, Industrial, Production CS, IN ,  EE, ME, CS, IT, C&I, 65 65 pass pass
NALCO EE, ME, CS, IT, C&I,   Civil, Chemical, Metallurgy, Mining,  65 65 55 55
GAIL EC, EE, ME, CS, IN, CH 65 65 60 60
DRDO EC, ME, EE, CS, CH 60 60 55 55
DMRC EC, EE, ME, CE 60 60 55 55
BPCL ME, CS, IN  60 60 55 55
MTNL EC, EE, CS, IT  60 60 55 55
HPCL EC, EE, ME, CE, IN, CH 60 60 50 50
BEL EC, EE, ME, CE, CS, CH, Telecommunication 60 60 pass pass
Indian Railways EC, EE, ME, CE pass pass pass pass
ECIL EC, EE, ME, CE, CS, E&I 65 65 55 55
VIZAG STEEL EC, EE, ME, CE, CH,  IN, Ceramics, 60 60 50 50
NHPC EE, ME, CE 60 60 50 50
SJVNL EC, EE, ME, Civil, IT 55 50 50 50
BSNL Telecommunication, EC, Radio, CS, EE, IT, CE 60 60 55 55
BHARATI PRASAR EC, EE, IT pass pass pass pass
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