Are you an aspirant of PSU companies ?
If yes, then its good but if you are not then you must know a few things before you think of something else.
What is PSU ?
Public Sector Undertaking (PSU) is a term used for a government-owned corporation. The term is used to refer to companies in which the government (either the Union Government or state or territorial governments, or both) owned a majority (51 percent or more) of the company equity.
A lot of Public Sector Undertakings (PSU) under the aegis of Government of India regularly provide for employment opportunities in various areas. Job seekers can apply to these undertakings, according to their required job profile and area of interest.
Why go for PSU?
If you will have a look at the past data then you will find that:
1- More than 3000 jobs are offered every year.
2- Starting Packages up to 14 Lakh have been offered every year.
3- They provide you with the opportunity to study in the top most colleges for you masters along with your work.
4- Chance to work in the core field of your engineering branch.
5- Job security is there just like you have in a govt job with even better benefits and opportunities.
6- If you are in the core domains of Engineering like Mechanical, Civil, Electricals etc then PSU are the best options you must go for your personal development as well.
Have a look at some of our selections in renowned PSU.
Majorly the PSU companies are divided into 4 basic types:
1- Maharatna – ONGC, IOCL, CIL, NTPC, GAIL, BHEL, etc.
2- Navratna – BPCL, HPCL, NLC, EIL, PGCIL, NCL, NBCC, HAL, etc.
3- Miniratna – THDC, MDL, IRCON, BNPM, NFL, RITES, CONCOR, MECON, MECL, NHPC, BBNL, AAI, BEML, TCIL, MIDHANI, etc.
4- Others – CEL, PSPCL, GSECL, BARC, NFL, BSNL, etc.
The companies lying in these categories are listed above.
How getting a Job in PSU’s have become easier than before?
If you look at the image above then you will find that slowly PSUs from more than 7 States of India and centre have started recruiting through GATE exam.
GATE exam is becoming the only criteria through which you can get into them and as you know in GATE exam as earlier in a particular PSU’s exam you don’t compete with the total number of students and you only compete with your branch candidates and which is much easier if you have the basic fundamental knowledge of the subjects you have studied so far in your B.tech.
Also, in GATE exam the students who score average marks can get these jobs in PSUs easily because a majority of top rankers go for higher studies leaving the PSU jobs which they then offer to the average students. So, don’t loose hopes and just prepare for GATE as this is the key for you to full fill your dreams and in coming future the number of PSU’s hiring through GATE will increase more.