Public Sector Undertakings (PSUs) offer excellent opportunities for growth. Promotions in public sector organizations are more reliable and transparent than those in private companies. Regular promotions will increase your salary. Public sector jobs are also considered to be a prestigious job, and employees can be proud that they are serving their nation. As an employee of a PSU, you may have the opportunity to travel around the country and interact with people from various cultures.
Public Sector Undertakings are companies owned by the government and focused on the development and improvement of a nation. Public sector units are managed carefully and their commercial interests are protected by government agencies. State-owned companies are also PSUs, and they are regulated by the government. Some PSUs are run by the state government while others are run by the federal government. In India, these companies are often the largest employers of new graduates.
Salaries in PSUs vary greatly. The salary packages for various PSUs can range from seven to 20 lakhs per annum. There is also a minimum age requirement to apply for a PSU job, typically under 25 years of age. Salary levels will vary, but the salary packages are generally excellent. In addition to your basic salary, you will receive allowances, life insurance, phone bills reimbursement, and other benefits.
In general, the process to join a PSU is straightforward. First of all, you must qualify a competitive examination. Some PSUs will require you to take a GATE exam or conduct their own examination. Then, if you meet the requirements, you are invited for a Group Discussion and Personal Interview. Only the top performers will be invited for an interview. After your final interview, you will be formally hired.
If you are interested in a career with a PSU, consider your GATE score and apply! Most PSUs recruit through GATE examination. The goal of the test is to attract young engineering talents to join PSUs. Some of these recruiters visit campuses to interview candidates, but those with the highest scores are invited to participate in Group Discussions. Once you are invited to interview, you will be given an opportunity to present yourself before the officials.
Moreover, if you are a fresher, a PSU job might be an excellent option. Government PSUs hire graduates, freshers, and engineers with higher educational qualifications. Many also recruit people with B.Sc. or M.Sc. degrees. You may even qualify to work for one of the Maharatna PSUs, which are listed below. There are also other government-run organizations that require government employees, such as the Bharat Petroleum Corporation and the Oil and Natural Gas Corporation.
While working in a PSU, you will have the opportunity to contribute to a more sustainable economy. In addition to being a part of the growth of our country, PSUs have created the foundation for other sectors. By creating jobs and investing in technology, PSUs helped lay the foundation for other industries to follow. If you want a rewarding and high-profile job, consider a PSU position.
