DPE asks administrative ministries to review Miniratna tag

DPE asks administrative ministries to review Miniratna tag New Delhi: The Department of Public Enterprises has asked 25 administrative ministries of central PSUs to ensure that Miniratna units under their control continue to fulfill the criteria for the status.

"The Department of Public Enterprises (DPE) has written to 25 concerned administrative ministries requesting them to review the Miniratna status of CPSEs who have been granted the status," Minister of Heavy Industries and Public Enterprises Praful Patel said in a written reply to the Lok Sabha.

This is to ensure that such CPSEs continue to fulfill the laid down criteria for grant of Miniratna status on the basis of their performance during the last three years, he said.

Patel said the complete reports have been received from 20 ministries and five remaining ministries are yet to furnish reports in this regard.

Asked whether the government intends to limit the autonomy of such Miniratna PSUs after the review, he said, "There is no proposal to limit the autonomy of the Miniratna CPSEs."

The CPSEs fulfilling the laid down criteria are eligible to be considered for grant of the Miniratna status.

Replying to another query, Patel said, three CSPEs namely Oil India Limited, Rashtriya Ispat Nigam Ltd and Neyveli Lignite Corporation Ltd have been granted the Navratna status between 2009 and 2011.

PTI