Oil and Natural Gas Corporation (ONGC) has released the notification for the recruitment of the posts of HR Executive and Public Relations Officer at E1 level through UGC- NET- June 2020. Suitable or eligible applicants […]
Odisha Police has released the notification for the recruitment of Driver in Police Motor Transport. Eligible candidtaes can apply before 28-03-2020. Post Name Vacancies Educational Qualification Driver 231 (i) Candidates must have passed High School […]
Railway Recruitment Cell (RRC), South Eastern Railway (SER) has released the notification for the recruitment of Assistant Loco Pilot and Other Posts. Suitable or eligible candidates can apply online from 24-03-2020 to 23-04-2020. Post Name […]
Mumbai Metropolitan Region Development Authority (MMRDA) has released the notification for the recruitment of the Station Manager and other posts. Suitable or eligible candidates can apply on or before 17-04-2020. Post Name and Pay Scale […]
National Aluminium Company Limited (NALCO) has released the notification for the recruitment of Graduate Engineer Through GATE-2020. Eligible candidtaes can apply from 20-03-2020 to 09-04-2020 (05:30 P.M). (Extended Date:- 02-05-2020). Post Name and Pay Scale Number […]
Indian Oil Corporation Limited (IOCL) has released the notification for the recruitment of the Technical and Non- Technical Apprentices posts in West Bengal, Bihar, Odisha, Jharkhand and Assam. Suitable or eligible applicants can apply online […]
Indian Army has released the recruitment rally notification for the recruitment of Soldier General Duty, Soldier Tradesman and Other Posts. Eligible candidates can apply online from 13-03-2020 to 26-04-2020. Post Name Educational Qualification Soldier General Duty Class […]
Hindustan Shipyard Limited (HSL) has released the notification for the recruitment of Designer Gr-IV, Junior Supervisor Gr-III and Other Posts. Eligible candidtaes can apply before 07-04-2020 (17:00 hrs). Post Name and Pay Scale Vacancies Qualification and […]
Heavy Engineering Corporation Limited (HEC) has released the notification for the recruitment of Graduates and Technician (Diploma) Trainees for NATS (National Apprenticeship Training Scheme) session 2020-21. Eligible candidates can apply before 31-03-2020 (up to 05:00 P.M) (Extended […]
Bharat Heavy Electricals Limited (BHEL) has released the notification for the recruitment of Fitter, Welder and Other Posts. Suitable or eligible applicants can apply online on or before 20-03-2020 till midnight. Post Name Vacancies Qualification […]
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.
