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Benefits of GATE Exam

Graduate Aptitude Test in Engineering (GATE) is conducted by IISc Bangalore and IITs at Bombay, Delhi, Madras, Roorkee, Guwahati, Kanpur, and Kharagpur on a rotational basis. The GATE Exam is held mainly once every year for admission into M. Tech programs in IITs, NITs, and other institutions. IIT Kanpur conducts the GATE 2023 Exam. GATE 2023 registration process starts on 30th August 2022 on its official website i.e. @gateiitk.ac.in. The last date to apply for GATE 2023 is 30th September 2022.

Here we mentioned some benefits of regarding GATE Exam.

  1. PSU’s Recruitment Through GATE Exam like HAL, IOCL, PGCIL, BARC, etc.
  2. Admission into M.Tech/M.E/M.Sc & Ph.D. programs through GATE Exam.
  3. Chances of Recruitment in top MNCs through the GATE Exam.
  4. Great Opportunity to apply for Government organizations like DRDO, BARC, ISRO, etc. through GATE Exam.
  5. Offering Teaching Jobs after GATE Exam.
  6. Higher Chances to study abroad for a Master’s Degree.

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Benefits of M.Tech

  1. Has a great opportunity to work in research positions like JRFs, ISRO/DRDO/BARC/IITs, etc.
  2. Better placement in top PSUs, MNCs & Indian as well as foreign companies both.
  3. Get a Minimum stipend of 12,400/- per month is given to regular students joining colleges under MHRD
  4. It also gives you a chance to pursue specializations based on your interest.
  5. Also a lot of career options in various fields like Teaching, R&D, and other Core sectors, etc.
S.No. Name of IIT College Location(State)
1 Indian Institute of Technology, Madras(IIT-M) Tamil Nadu
2 Indian Institute of Technology, Bombay Maharashtra
3 Indian Institute of Technology (IIT KGP) West Bengal
4 Indian Institute of Technology, Delhi New Delhi
5 Indian Institute of Technology, Kanpur Uttar Pradesh
6 Indian Institute of Technology, Roorkee Uttrakhand
7 Indian Institute of Technology, Guwahati Assam
8 Indian Institute of Technology, Hyderabad Telangana
9 Indian Institute of Technology, Indore Madhya Pradesh
10 Indian Institute of Technology, Bhubaneshwar (IIT-BBS) Odisha
11 Indian Institute of Technology, Patna Bihar
12 Indian Institute of Technology, Ropar Punjab
13 Indian Institute of Technology,(Indian School of Mines), Dhanbad Jharkhand
14 Indian Institute of Technology, Mandi Himachal Pradesh
15 Indian Institute of Technology, Gandhinagar Gujarat
16 Indian Institute of Technology,(Banaras Hindu University), Varanasi Uttar Pradesh
17 Indian Institute of Technology, Jodhpur Rajasthan
18 Indian Institute of Technology, Jammu Jammu & Kashmir
19 Indian Institute of Technology, Goa Goa
20 Indian Institute of Technology, Dharwad Karnataka
21 Indian Institute of Technology, Palakkad Kerala
22 Indian Institute of Technology, Tirupati Andhra Pradesh
23 Indian Institute of Technology, Bhilai Chattishgarh

PSU Through GATE Exam

In India, PSUs are categorized in mainly 3 categories given below.

Maharatna PSU

  • The Maharatna PSUs are chosen from those PSUs that hold the status of Navratnas and must be listed on the Indian stock exchange must fulfilling the minimum prescribed public shareholding according to the SEBI regulations.The following conditions must be satisfied in order to get Maharatna status:

  • The Average annual turnover of the PSU during the last 3 years is more than Rs. 25,000 crores.

  • The Average annual net worth during the last 3 years is more than Rs. 15,000 crores.

  • The Average annual net profit after tax during the last 3 years is more than Rs. 5,000 crores.

  • The company should have a significant global presence or international operations.

  • There are a total of 7 Maharatna CPSEs in the country

Navaratna PSU

  • The company must have ‘Miniratna Category – I‘ status along with a Schedule ‘A’ listing.
  • At least 3 ‘Excellent’ or ‘Very Good’ Memorandum of Understanding (MoU) during the last 5 years.
  • Apart from that, it should also have a composite score of 60 or above out of possible 100 marks in the 6 selected performance parameters:-
    1. Net Profit to Net Worth (Maximum: 25)
    2. Manpower cost to cost of production or services (Maximum: 15)
    3. Gross margin as capital employed (Maximum: 15)
    4. Gross profit as Turnover (Maximum: 15)
    5. Earnings per Share (Maximum: 10)
    6. Inter-Sectoral comparison based on Net profit to net worth (Maximum: 20)
    7. There are a total of 17 Navratna CPSEs in the country.

Mini Ratna PSU

  • The CPSEs that have shown profits in the last continuous 3 years and have positive net worth can be considered eligible for grant of Miniratna status.
  • Presently, there are 71 Miniratnas in total.
  • The Miniratnas are divided into two categories (I and II).

Category I:- The PSUs that have made profits in the previous 3 years or have generated a profit of Rs. 30 crores or more in one of the preceding 3 years.

Category II:- The PSUs that have made profits in the preceding 3 years and have a positive net worth in all 3 preceding years.

Major Companies recruited through GATE Exam Scores are mentioned below.

  1. Bharat Heavy Electricals Limited (BHEL)
  2. Gas Authority of India Limited (GAIL)
  3. Hindustan Aeronautics Limited (HAL)
  4. Indian Oil Corporation Limited (IOCL)
  5. National Thermal Power Corporation (NTPC)
  6. Nuclear Power Corporation of India Limited (NPCIL)
  7. Oil and Natural Gas Corporation (ONGC) and Power
  8. Grid Corporation of India (PGCI).

Important Engineering Govt. Job Pages

SSC JE 2022  RRB JE 2022  GATE 2023
RRB SSE 2022 ISRO Scientist Engineer 2022 AAI ATC Recruitment 2022
FCI JE 2022 PSU’s Jobs Through GATE 2023 RPSC AE 2022

Benefits of GATE Exam: FAQ

Q1. Which is bigger Maharatna or Navratna?

Ans. Maharatna  Company Board has the higher authority in the matter of finance & investments.

Q2. From Where do we find the advantages of the GATE Exam?

Ans. You can get the advantages of the GATE Exam through in the article.

Q3. What stands for GATE?

Ans. GATE stands for Graduate Aptitude Test in Engineering.

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