Tata Memorial Centre (TMC) has released the notification for the recruitment of Technician, Nurse and Others. Eligible candidates can apply before 12-08-2020. Post Name and Pay Scale Vacancies Qualification and Experience Scientific Assistant – C (Nuclear […]
Oil and Natural Gas Corporation Limited (ONGC) has released the notification for the recruitment of Trade Apprentices Posts. Eligible candidates can apply before 17-08-2020 (18:00 hours). State Vacancies Northern Sector Dehradun – 180Delhi (ONGC Videsh Limited) […]
State Bank of India (SBI) has released the notification for the recruitment of Circle Based Officer in the state of Gujarat, Karnataka, Madhya Pradesh, Chhattisgarh, Tamil Nadu, Telangana, Rajasthan, Maharashtra and Goa. Eligible candidates can apply […]
Broadcast Engineering Consultants India Limited (BECIL) has released the notification for the recruitment of Welder, Fitter and Other Posts. Eligible candidates can apply before 10-08-2020. Post Name Vacancies Educational Qualification Tandur Cement Factory ElectricianRs.10972 per […]
Indian Army has released the notification for the recruitment of Porters and Others in HQ Western Command. Eligible candidates can apply before 10-08-2020. Post Name Vacancies Mates and Other Civilians 34 Porters 360 Safaiwala 06 Eligibility Criteria:-(i) […]
Indian Army has released the notification of the Army Recruitment Rally will be held for eligible candidates of districts of Chamba and Kangra from 18 Sep 2020 to 28 Sep 2020. Online registration is mandatory and will […]
Tripura Police has released the notification for the recruitment of Mahila Police Volunteer (women candidates) who will act as a link between Police and the community and facilitate women in distress. Eligible candidates can apply before […]
Central Selection Board of Constable, Bihar has released the notification for the recruitment of Forest Guard for Environment, Forest and Climate Change Department. Eligible candidates can apply before 04-09-2020. Post Name and Pay Scale Vacancies […]
Rajasthan High Court has released the notification for the recruitment of Chauffeur/ Driver. Eligible candidates can apply from 31-07-2020 (01:00 P.M) to 31-08-2020 (05:00 P.M). Post Name and Pay Scale Vacancies Qualification and Experience Chauffeur/ DriverRs.20800 […]
Northern Coalfields Limited (NCL) has released the notification for the recruitment of Apprentice for one year at its various units in MP and UP. Eligible candidates can apply before 16-08-2020 (05:00 P.M). Post Name Vacancies […]
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.
