India, PSU stands for Public Sector Undertakings. Government-owned enterprises, Government-owned Corporations, Nationalized companies, and statutory corporations are all terms used to describe the PSU sector. A public sector undertaking (PSU) is a firm that owns shares in both the state and federal governments. Both the federal and state governments might own a portion or all of the stock. In most PSU enterprises, the central government owns 51 percent of the stock. PSU recruitment occurs often across all industries.
Miniratna is further classified into Miniratna I and Miniratna II.
PSU openings are filled by a variety of recruitment methods. Candidates are chosen for positions in Group A, Group B, and Group C. Junior Engineers, Apprentices, Assistants, Officers, Medical Officers, Accountants, and other positions are available at these levels. The “Gazetted officer” position, which is one of the most prestigious statuses for Indian applicants, is also conferred to the highest officials in the PSU sector.
GATE scores are used to fill vacancies in public sector positions, but certain public sector employers do not require GATE scores. The GATE acronym stands for “Graduate Aptitude Test in Engineering.” GATE scores are r