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

  • Published
    15th Oct, 2021

GS-IIIt: Economy

  • Economic Sector
Context

Power Finance Corporation Ltd (PFC) has recently become the 11th Central public sector enterprise (CPSE) to get the ‘Maharatna’ status in the country.

  • This is expected to give PFC greater operational and financial autonomy.
  • The grant of ‘Maharatna’ status will impart enhanced powers to the PFC Board while taking financial decisions.
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