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‘Navratna’ Status To The State-Owned Companies

Kumari Sonali

‘Navratna’ Status To The State-Owned Companies:

SJVN, NHPC, and RailTel Corporation of India saw their shares rise by up to 5.2% following the Indian government’s decision to grant them ‘Navratna’ status.

  • This designation, which enhances their financial and operational autonomy, was also awarded to Solar Energy Corporation of India (SECI), bringing the total number of Navratna Central Public Sector Enterprises (CPSEs) to 25.
  • The status allows these companies greater decision-making freedom, potentially boosting their market performance and enabling faster growth.

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