Navratna status

Facts for Prelims (FFP)

 

Source: PIB

 

Context: Two Central Public Sector Enterprises (CPSEs) under the Ministry of Railways, Ircon International Limited (IRCON), and RITES Ltd, have been granted ‘Navratna’ status.

  • RITES Ltd, in its 50th year of operation, is a prominent transport infrastructure consultancy and engineering firm in India, offering services in various sectors such as transportation, railways, highways, airports, and mor
  • IRCON, with 47 years of experience, specializes in railways, highways, and high-tension substation engineering and construction. The company has executed various projects in railway construction, electrification, tunnelling, and more, both in India and abroad.