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What are the criteria to be considered to get Maharatna status?
Question

What are the criteria to be considered to get Maharatna status?

A.

Having positive net profit to net worth ratio

B.

Having significant global presence/international operations

C.

Having inter-sectoral performance

D.

Having Miniratna category-1 status

Correct option is B

Answer :(B)Significant global presence or international operations.

The company must meet specific financial thresholds:

  • Average annual net profit after tax: Over ₹5,000 crore during the last three years.
  • Average annual turnover: Over ₹25,000 crore for three years, or
  • Average annual net worth: Over ₹15,000 crore for three years.
Additional points:
  • These criteria reflect the government's intention to recognize and empower the most successful and strategically important Public Sector Enterprises (PSEs).
  • Maharatna status grants these companies greater autonomy in decision-making, allowing them to invest more freely, enter into strategic alliances, and expand their global operations.

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