Maharatna
Maharatna is a status conferred by the Government of India on selected central public sector enterprises (CPSEs), granting them enhanced autonomy to operate with greater strategic and financial flexibility while remaining accountable to the government and their shareholders. The designation is the highest level in India's public sector autonomy framework, which also includes the Navratna and Miniratna schemes.
Eligibility is determined by the Department of Public Enterprises (DPE) and typically requires the enterprise to
Beneficiaries gain substantial autonomy in key commercial areas, such as capital expenditure, asset acquisition and disposal,
The Maharatna status is intended to strengthen the global competitiveness of the largest CPSEs, reduce approval