Public sector undertakings in India
A State-owned enterprise in India is called a Public Sector Undertaking (PSU) or Public Sector Enterprise. In a PSU, the majority(51%) of shares is held by the central govt or any state govt or partly by one or more states and partly by central govt.
- Lucrative pay package
- Monetary benefits such as free medical insurance, retirement benefits etc.
- Tremendous job security
- Great growth opportunities
- Frequent opportunities to travel around the country for work related purpose