The 'Navratna' status gives public sector enterprises more financial autonomy

Jun 21, 2026

10:02 am

What's the storyGarden Reach Shipbuilders and Engineers (GRSE), a leading defense public sector company, has been awarded the prestigious 'Navratna' status by the Department of Public Enterprises under the Ministry of Finance.

The recognition was given through an office memorandum dated June 19, 2026.