Central Industrial Security Force (CISF) has released the notification for the retired from Indian Army for Engagement in the rank of SI (Exe.), ASI (Exe.), Head Constable/ GD and Constable/ GD on a contract basis. […]
Indian Navy has released the notification for the recruitment of Tradesman Mate (Group-C), Non-Gazetted at various commands. Eligible candidates can apply from 22-02-2021 to 07-03-2021 (17:00 hrs). Post Name and Pay Scale Vacancies Educational Qualification Tradesman […]
Indian Air Force (IAF) has released the notification for the recruitment of Group-C Civilian Posts. Eligible candidates can apply before within 30 days from the date of advertisement in Employment News (23-03-2021). Post Name and […]
Indian Institute of Technology Jodhpur (IIT Jodhpur) has released the notification for the recruitment of Manager and Other Posts on Contract basis initially for a period of three years. Eligible candidates can apply before 10-03-2021. Post Name […]
Defence Research and Development Organisation, Proof and Experimental Establishment (PXE) has released the notification for the recruitment of Apprenticeship for one-year training in the various category/ disciplines. Eligible candidates can apply before 27-02-2021. Post Name and […]
Indian Oil Corporation Limited Western Region has released the notification for the recruitment of Technical and Non-Technical Apprentices at its Locations in the States & Union Territory of Western India (Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh, Goa […]
Solar Energy Corporation of India Limited (SECI) has released the notification for the recruitment of Manager and Other Posts. Eligible candidates can apply from 10-02-2021 to 09-03-2021 (05:00 P.M). Post Name and Pay Scale Vacancies Qualification […]
Public Service Commission, West Bengal has released the notification for the recruitment of Fishery Extension Officer for West Bengal Junior Fisheries Service Grade-II. Eligible candidates can apply from 24-02-2021 to 17-03-2021. Post Name and Pay […]
Jammu and Kashmir Service Selection Board (JKSSB) has released the notification for the recruitment of District/Divisional/UT Cadre posts of various Departments. Eligible candidates can apply from 24-02-2021 to 24-03-2021. Post Name and Pay Scale Vacancies Qualification and […]
Oil India Limited (OIL) has released the notification for the recruitment of Fishing Operator and Other Posts on a contractual basis for an immediate engagement at Field Headquarters, Duliajan. Eligible candidates can apply from 25-02-2021 to 22-03-2021. […]
Public Sector Undertakings or PSUs are basically companies owned by the Union Government of India or by one of the many state or territorial government. In certain cases, it is both.
What makes a PSU is that a majority of the stocks in the company need to be owned by the Government. The general classification for PSU is as Central Public Sector Enterprises (CPSEs) and State level Public Enterprises (SLPEs).
The progress of PSEs has been steady over the years. All the way back in 1951, there were just five Public Sector Undertakings in India. As of 1991, this number had increased all the way to 246.
Specifically speaking, the Central Public Sector Enterprises are companies that have Central Government direct holding of 51 per cent or more. These CPSEs are administered by the Ministry of Heavy Industries and Public Enterprises.
Quite unlike traditional government jobs that require you to go through a tedious entry-level procedure, PSUs do not have this fixed policy in place. The frequency and basis for candidates to be hired by a certain PSU is absolutely left to the PSUs discretion. Their hiring usually depends upon the scope of work, skill set of the applicant and the vacancies available.
There are, however, several PSUs all across the country. There is that assurance that your skills will surely find a spot in one PSU or another. PSUs function at various levels of administration and each skill of yours will definitely find a spot. You can even establish your own special niche by being adept at various skills.
Job prospects in PSU Industry
Graduates generally get a mixed bag of jobs to choose from. This is one dynamic industry where the possibilities are endless. You get to function at your full potential, getting to use all the skills you have. You will initially start off as a Trainee and then you would be on Probation for about 6 months to a year.
Kind of posts you are ideally eligible for in this industry are Engineering Executive training, assistant Executive Engineer, Management Trainee, Accounts Officer, Scientist, Engineering Trainee, or even Systems officer.
Eligibility Criteria for the job
In order to qualify for PSU jobs, interested candidates would have to have immense technical knowledge. This reflects in their GATE scores. Candidates need to appear for their GATE exams and based on their GATE scores, their applications are taken into consideration.
Applicants who score required marks qualify for the further sessions like group discussions and interviews in case there happen to be vacancies in that specific PSU.
Candidates also generally need to be in the age group 21-30, whereas certain reserved categories or minorities may get a relaxed age limit of up to 35 years. Most importantly, the applicant would have to be a graduate in whichever vacant job position they apply for. This ensures quality work and expertise in the years to come.
PSU jobs are really beneficial for those wanting a job that also has government benefits. Job security and pension provisions sweeten the deal all the more and the sense of contribution to the nation’s economy is an added bonus.
