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15th October 2021 (5 Topics)

Power Finance Corporation Ltd (PFC) becomes 11th PSE to get the ‘Maharatna’ status

What is Maharatna Status and how it is accorded? Also, discuss the benefits of getting a Maharatna status.  (150 Words)

Approach:

  • Introduce by giving a definition of Maharatna status.
  • Briefly enumerate the criterias based on which Maharatna status is accorded. Give examples of some Maharatna PSUs
  • Enumerate the benefits of getting Maharatna Status for a PSU
  • Conclusion
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