New Delhi: MMTC and Airport Authority of India are the new PSU aspirants for the coveted Navratna status which gives greater operational autonomy, a senior official has said.
The criteria for granting the Navratna status is based on a composite score system. The PSUs are accorded scores on different performance parameters like net profit, networth and manpower cost to total cost of production.
Though the AAI, which was set up under an Act of Parliament, does not qualify for the status, the parameters themselves may be rationalised, DPE Secretary Bhaskar Chatterjee said here yesterday.
27/07/11 Economic Times
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