Miniratnas

Miniratnas

Miniratna is the status to CPSEs in India given by the government to enhance the financial autonomy of the companies.

Category-I Miniratna firms have the power to incur capital expenditure on new projects, modernisation, purchase of equipment without government approval up to Rs 500 while in the category-II companies have financial autonomy to spend up to Rs 250 crore.


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  • Navratnas — See Navaratna for the talisman, set of stones and gems. : See Nine Gems for the well known navratnas of Akbar and Vikramaditya s courts. Navratnas are the status given originally nine Public Sector Enterprisesor PSE, identified by the Government… …   Wikipedia

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