What's the PSU, or PSU job? What will the average salary be?
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2 Answers
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The government-owned corporations are termed PSUs (Public sector Undertakings) in India. In a Public sector Undertaking majority (51 percent or more) of the paid share capital is held by the state government, the central government, the central government, and partly by one or more state governments. The Public sector Undertakings job salary through the Graduate Aptitude Test in Engineering ranges between INR 7,00,000 to INR 18,00,000 and varies with the respective Public sector Undertakings guidelines. This salary range is applicable for the students selected under the designations such as get (Graduate Trainee), ET (Engineer Trainees...more
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PSUs are those government (government - owned) enterprises, corporations and companies present in India that have been/ was nationalized. UT is also known as Public Sector Undertakings, are actually those companies with government ownership, whose 51% or more stocks (proprietary rights) are owned by the government, they are operated and financed by the government itself. At the present there are 365+ PSUs in India, but in the year 1951 their number was only 5, India's first PSU was Indian Telephone Industries (ITI) which was registered in the year 1948.
5 Lacs to 14 Lacs.
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