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NFC India Limited(Formerly Navel Lignite Corporation Limited) (Narrator Government of India Enterprise) Advt. No.03 /2017 NFC India Limited (Formerly Navel Lignite Corporation Limited), a premier
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Navratna - Government of India is targeted towards individuals or organizations in various sectors such as public sector undertakings (PSUs), minerals and metal companies, oil and gas companies, power generation companies, etc.
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Navratna refers to a group of nine Public Sector Enterprises (PSEs) under the Government of India.
The management of the specific PSEs classified as Navratna by the Government of India is required to file the necessary reports.
The Navratna status is granted by the Government of India based on specific criteria met by the PSE. The management of the PSE must adhere to the guidelines provided by the government for reporting.
The purpose of granting Navratna status is to provide more autonomy to selected PSEs to make decisions on important matters without government intervention.
The PSEs under Navratna status must report financial performance, strategic plans, and other key information to the government.
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