Question

Identify ten state government sponsored companies and identify ten central government sponsored companies?

Answer 1

Answer:

In India, state-owned enterprise is termed a Public Sector Undertaking (PSU) or a Central Public Sector Enterprise (CPSE). These companies are owned by the Union Government, or one of the many state or territorial governments, or both. The company equity needs to be majority owned by the government to be a PSU. Examples are Life Insurance Corporation of India, Oil and Natural Gas Corporation, Engineers India Limited, India Trade Promotion Organization, GAIL, BSNL, Food Corporation of India, Air India, and Bharat Heavy Electrials Limited (BHEL).