NLC India Limited, Tamil Nadu has released the notifications for the recruitment of Mining Sirdar posts. Eligible candidates may apply online from 02-September-2019 (10:00 hours) to 23-September-2019 (17:00 hours). Post Name and Pay Scale Vacancies Qualification […]
Nagaland University has released the notification for the recruitment of the Non-Teaching posts of Junior Stenographer, Lower Divisional Clerk, Work Assistant, Plumber, Driver and many others. Eligible candidates may submit their applications before 20-09-2019. Post […]
Hindustan Copper Limited (HCL), Khetri Copper Complex, Rajasthan has released the notification for the recruitment of Trade Apprentices posts in various disciplines. Eligible candidates may submit their applications online before 19-September-2019. Post Name Vacancies Fitter 23 […]
National Hydroelectric Power Corporation Limited (NHPC Limited), Himachal Pradesh has released the notification for the recruitment of the posts of Apprentices for undergoing one-year apprenticeship training under Apprentices Act, 1961 in various trades. Eligible candidates […]
The Integral Coach Factory in Chennai has pushed out a notification regarding vacancies for the position of Senior Clerk and various such positions. It has invited applications for sports quota in various sports categories. Candidates […]
Government jobs offer just the right amount of stability you might be looking for. But the only downside to it is, they aren’t very well endorsed, so chances are that you might miss out on […]
West Bengal Police has released the notification for the recruitment of the posts of Driver in Howrah Rural District. Eligible candidates may submit their applications before 25-08-2019 (15:00 hrs). Post Name and Pay Scale Number […]
Haryana Staff Selection Commission (HSSC) has released the notification for the recruitment of the posts of Assistant Manager, Assistant Accountant, Assistant Programmer, Tubewell Operator, Fitter and many others under Haryana State Industrial and Infrastructure Development […]
National Institute of Technology (NIT) Uttarakhand has released the notification for the recruitment of the posts of Assistant Librarian, Technical Assistant, Library and Information Assistant, Superintendent, Stenographer and Technician. Eligible candidates may apply online before 06-09-2019 […]
Hindustan Copper Limited (HCL), Madhya Pradesh has released the notification for the recruitment of the posts of Assistant Foreman and Mining Mate (Grade-I) at Malanjkhand Copper Project. Eligible candidates may submit their applications on or before 26-08-2019. […]
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.
