Educational technology ,careers and future : Government Jobs or Jobs in Government company

Monday, October 29, 2018

Government Jobs or Jobs in Government company

What is Government company?

A “Government company” is defined under Section 2(45) of the Companies Act, 2013 as “any company in which not less than 51% of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments, and includes a company which is a subsidiary company of such a Government company”.

Difference between government Jobs and Jobs in Government Company

Government Jobs are the Jobs in such organisations which are directly managed by the government and govenment is directly responsible for managing funds for salary of the employees. Few examples are Police, Army, Education (Govt. teachers), Railways , Reserve bank of India, Govt. Hospitals,  Revenue services, income tax department , road & building department etc. , salary in these organisations managed by govenment without considering profit or loss .

                                  GOVENMENT OF INDIA 

   On the other hand Government companies or CPSE(Central Public sector Enterpise) has to do business of their own and concentrate on earning profits . Salary of the employees of these companies is accountability of the company not the government . Goverment may provide some package to mange the company depending on the importance of the company as Govt. is the owner of the company but it is not bound to do that. Pay revision of the PSUs /PSEs is decided based on the profits of the company.

  " As per the recommendation of  3rd PRC , which implemented from 1.1.2017 , pay will be revised only in those Public sector companies earning profits and can afford such pay hike without government support"

   3 rd PRC recommendations has closed the doors of salary hike  for employees working in SICK PSU's .Altough union and associations of there companies pressurizing government for the wage revision but govenrment has turned blind eye to their demands till date.

Why Jobs in Govt sector & PSU is a compromise with career growth

What is SICK Company(CPSE)

 Those government owned companies which are continuously making losses in-spite of government support for revival are called SICK PSU's . These companies due to poor business strategy, large employee salary burden and incompetence of staff could not earn sufficient revenue to bear its own  expenditure. Few major PSU's  which has become SICK  are SAIL, AIR INDIA ,BSNL and MTNL etc.

Categorization of PSU's 

Depending on the size and performance of the companies , Govt PSU has been categorized as below:
1. Maharatna CPE's(Central public Enterprise).
2. Navratna CPE's(Central public Enterprise).
3. Mini Ratna CPE's(Central public Enterprise).

 Maharatna Companies(CPE's)(click on the copany link to get carrier info)

1. Bharat Heavy Electricals Limited (BHEL)
2. Coal India Limited
3. Gas authority of India limited (GAIL)
4. Indian Oil Corporation Limited  (IOCL)
5. National Thermal Power Corporation Limited (NTPC Limited)
6. Oil & Natural Gas Corporation Limited (ONGC)
7. Steel Authority of India Limited (SAIL)
8. Bharat Petroleum Corporation Limited

Navratna CPSEs
1. Bharat Electronics Limited (BEL)
2. Container Corporation of India Limited
3. Engineers India Limited
4. Hindustan Aeronautics Limited
5. Hindustan Petroleum Corporation Limited
6. Mahanagar Telephone Nigam Limited
7. National Aluminium Company Limited
8. National Buildings Construction Corporation Limited
9. NMDC Limited
10. Neyveli Lignite Corporation Limited
11. Oil India Limited
12. Power Finance Corporation Limited
13. Power Grid Corporation of India Limited
14. Rashtriya Ispat Nigam Limited
15. Rural Electrification Corporation Limited
16. Shipping Corporation of India Limited
Miniratna Category - I CPSEs
1. Miniratna Category - I CPSEs
2. Airports Authority of India
3. Antrix Corporation Limited
4. Balmer Lawrie & Co. Limited
5. Bharat Coking Coal Limited
6. Bharat Dynamics Limited
7. BEML Limited
8. Bharat Sanchar Nigam Limited
9. Bridge & Roof Company (India) Limited
10. Central Warehousing Corporation
11. Central Coalfields Limited
12. Chennai Petroleum Corporation Limited
13. Cochin Shipyard Limited
14. Dredging Corporation of India Limited
15. Kamarajar Port Limited
16. Garden Reach Shipbuilders & Engineers Limited
17. Goa Shipyard Limited
18. Hindustan Copper Limited
19. HLL Lifecare Limited
20. Hindustan Newsprint Limited
21. Hindustan Paper Corporation Limited
22. Housing & Urban Development Corporation Limited
23. India Tourism Development Corporation Limited
24. Indian Rare Earths Limited
25. Indian Railway Catering & Tourism Corporation Limited
26. Indian Renewable Energy Development Agency Limited
27. India Trade Promotion Organisation
28. IRCON International Limited
29. KIOCL Limited
30. Mazagaon Dock Limited
31. Mahanadi Coalfields Limited
32. Manganese Ore (India) Limited
33. Mangalore Refinery & Petrochemical Limited
34. Mishra Dhatu Nigam Limited
35. MMTC Limited
36. MSTC Limited
37. National Fertilizers Limited
38. National Seeds Corporation Limited
39. NHPC Limited
40. Northern Coalfields Limited
41. North Eastern Electric Power Corporation Limited
42. Numaligarh Refinery Limited
43. ONGC Videsh Limited
44. Pawan Hans Helicopters Limited
45. Projects & Development India Limited
46. Railtel Corporation of India Limited
47. Rail Vikas Nigam Limited
48. Rashtriya Chemicals & Fertilizers Limited
49. RITES Limited
50. SJVN Limited
51. Security Printing and Minting Corporation of India Limited
52. South Eastern Coalfields Limited
53. State Trading Corporation of India Limited
54. Telecommunications Consultants India Limited
55. THDC India Limited
56. Western Coalfields Limited
57. WAPCOS Limited
58. Ed.CIL (India) Limited
59. HSCC (India) Limited
60. National Small Industries Corporation Limited

Miniratna Category-II CPSEs

1. Bharat Pumps & Compressors Limited
2. Broadcast Engineering Consultants (I) Limited
3. Central Mine Planning & Design Institute Limited
4. Central Railside Warehouse Company Limited
5. Engineering Projects (India) Limited
6. FCI Aravali Gypsum & Minerals India Limited
7. Ferro Scrap Nigam Limited
8. HMT (International) Limited
9. Indian Medicines & Pharmaceuticals Corporation Limited
10. M E C O N Limited
11. Mineral Exploration Corporation Limited
12. National Film Development Corporation Limited
13. P E C Limited
14. Rajasthan Electronics & Instruments Limited
15. Artificial Limbs Manufacturing Corporation of India

  Several CPSE's existing in the list of Maharatna , Navratna and Miniratna are under heavy losses. Job opportunities  in government companies can be cecked on the website  and

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