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The Government of India on 1st February 2013 awarded 'Maharatna' status to which two Public Sector Companies?
Question

The Government of India on 1st February 2013 awarded 'Maharatna' status to which two Public Sector Companies?

A.

BHEL & GAIL

B.

GAIL & Coal India Ltd.

C.

Coal India Ltd. and BHEL

D.

None of the above

Correct option is A

The Government of India granted 'Maharatna' status to BHEL (Bharat Heavy Electricals Limited) and GAIL (Gas Authority of India Limited) on 1st February 2013. This prestigious status was conferred to recognize the consistent performance of these Public Sector Undertakings (PSUs) and to provide them with greater financial and operational autonomy. With Maharatna status, these companies can make larger investments without needing prior government approval, allowing them to expand both domestically and internationally​

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