Indian Coast Guard has released the notification for the recruitment to the post of Assistant Commandant (Group-A Gazetted Officers) for male candidates for SC/ ST category. Eligible candidates can apply from 09-02-2020 to 15-02-2020. Post Name […]
Railway Recruitment Cell Western Railway has released the notification for the recruitment to the post of Apprentice in different trades. Eligible candidates can apply before 06-02-2020 (17:00 Hrs). Trades Vacancies Fitter 957 Welder 317 Turner […]
West Central Railway (WCR) has released the notification for the recruitment to the post of Apprentice in different trades. Eligible candidates can apply from 15-01-2020 to 14-02-2020. Trades Vacancies Diesel Mechanic 100 Electrician 380 Welder […]
Central Board of Secondary Education (CBSE) Delhi has released a notification for Central Teacher Eligibility Test (CTET) 2020 to determine the eligibility of the candidates for the post of Teacher for Class-I to VIII in […]
Delhi Subordinate Services Selection Board (DSSSB) has released the notification for the recruitment of Junior Stenographer and Other Posts in different departments. Eligible candidates can apply from 28-01-2020 to 27-02-2020. Post Name and Pay Scale […]
Delhi Subordinate Services Selection Board (DSSSB) has released the notification for the recruitment of PGT and Other Posts in different departments. Eligible candidates can apply from 24-01-2020 to 23-02-2020. Post Name and Pay Scale Vacancies Educational […]
All India Institute of Medical Sciences, Patna has released the notification for the recruitment to the post of Professor, Assistant Professor, Associate Professor and Additional Professor. Eligible candidates can apply before 15-02-2020 (06:00 P.M). Post […]
All India Institute of Medical Sciences Patna has released the notification for the recruitment to the post of Nursing Officer. Eligible candidates can apply before 12-02-2020. Post Name and Pay Scale Number of Vacancies Qualification and […]
Union Public Service Commission (UPSC) has released the notification for the recruitment of the posts of Enforcement Officer/ Accounts Officer. Eligible candidates may apply online before 31-01-2020 (18:00 hrs). Post Name and Pay Scale Number […]
Bharat Heavy Electricals Limited, Jhansi has released the notification for the recruitment to the post of Trade Apprenticeship in different trades. Eligible candidates can apply before 20-01-2020. Post Name Number of Vacancies Educational Qualification Trade Apprenticeship […]
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.
