The Government has decided to give special treatment to some of the important profit-making PSUs. The granting of Navaratna status resulted in better performance of these companies. They were given greater managerial and operational autonomy.
In taking various decisions to run the company efficiently and thus increase their profits they also became highly competitive and some of them are becoming the giant global players. Therefore the Navarathna policy has certainly improved the performance of the PSU’s.
