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In Indian market how many companies are called navaratna's what are they?
Wiki User
∙ 15y ago
The Government( of India) had initiated the Navratna scheme in 1997 to identify and support select Central Public Sector Enterprises (CPSE), which could emerge as significant players in the economic development of the country as global giants. The boards of Navratna CPSEs have been delegated substantial powers in the areas relating to capital expenditure, formation of joint ventures & subsidiaries, and human resources development, amongst others.
Wiki User
∙ 15y ago
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