https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

IRCTC and IRFC Set to Receive Navratna Status

With Navratna status, IRCTC and IRFC will gain the ability to make significant investments without requiring government approval
Indian Masterminds Stories

Two Central Public Sector Enterprises (CPSEs) affiliated with the Ministry of Railways, Indian Railways Catering & Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC), are expected to be granted Navratna status soon. Both companies currently hold Miniratna status. The government has reportedly completed an assessment of their performance, and the new status is likely to be announced this week.

The Navratna status, introduced in 1997, is awarded to government-owned enterprises with exceptional financial and market performance. This status provides them with greater financial and operational autonomy, enabling faster decision-making and more freedom in investments.

With Navratna status, IRCTC and IRFC will gain the ability to make significant investments without requiring government approval. They will also be allowed to form joint ventures, establish overseas subsidiaries, and invest up to 30% of their net worth annually, with a cap of Rs 1,000 crore. These changes are expected to pave the way for enhanced growth and increased opportunities for these CPSEs.

IRCTC (Indian Railways Catering and Tourism Corporation) is a subsidiary of Indian Railways, primarily responsible for providing catering, tourism, and online ticketing services to rail passengers in India. It is one of the largest e-commerce entities in India, facilitating millions of ticket bookings daily.

IRFC (Indian Railway Finance Corporation) is a public sector undertaking under the Ministry of Railways, responsible for financing the acquisition of rolling stock and other assets for Indian Railways. It raises funds through the issuance of bonds and offers long-term financial solutions to the railway sector.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Mohan Yadav CM MP
Madhya Pradesh Aims to Be Global Wellness Hub: CM Mohan Yadav at Spiritual and Wellness Summit in Ujjain
UP Tourism
UP to Showcase Its Spiritual, Cultural Grandeur at PATA 2025 in Bangkok; Global Push for Tourism & Investment
Engineers India Limited EIL
Engineers India Ltd Expects 15–20% Rise in Turnover in FY26 Amid Record Order Book - Details Inside
BEL Bharat Electronics Limited
Bharat Electronics (BEL) & Tata Electronics Ink MoU to Boost Indigenous Semiconductor Solutions - Details Inside
Sanjay Malhotra IAS
RBI Governor Sanjay Malhotra Cuts FY26 Inflation Forecast to 3.7%, Slashes Repo Rate to 5.5% - All Details Inside
ChhattisgarhGovt_resized
59 Police Officers Promoted in Chhattisgarh Police Department, Including 46 Inspectors to DSP Rank - Check Here
Hardeep S Puri: 11 Years of PM Modi
PM Modi’s 11 Years in Office: A Transformative Journey with Bold Strides in the Energy Sector
Karnataka
Karnataka ADGP Hemant Nimbalkar Transferred Amid Fallout from Bengaluru Stadium Stampede - All Details Here
ADVERTISEMENT
ADVERTISEMENT
Videos
Monika Singh
Monika Singh’s Life Beyond the Bureaucracy | Video Interview 
IAS Tushar G Nikhare
Modernising Governance: A Digital Transformation in Gangtok
IMG-20250523-WA0036
Abhishek Singh's SECRET: Vipassana, Anthropology & Smart Answer Writing | Video Interview 
ADVERTISEMENT
UPSC Stories
Divyanshu Pal Nagar IFS
5 Years, 5 Mains, 4 Interviews: How Divyanshu Pal Nagar Stumbled in CSE, Triumphed in IFS - A Lesson for Every Aspirant
Divyanshu Pal Nagar’s inspiring five-year UPSC journey shows how perseverance, disciplined self-study,...
ANUBHAV SINGH UPSC IFS 2024
9 Years, 8 Attempts, 7 Failures: How Anubhav Singh Cracked UPSC IFS 2024 with AIR 3 Against All Odds | Exclusive
Anubhav Singh’s inspiring journey to UPSC IFS Rank 3 showcases relentless perseverance, strategic preparation,...
Jogender Sihag
“I Cleared UPSC, But My Grandfather isn’t Here to Hear it,” Jogender Sihag, AIR 521, UPSC CSE 2024
"Life is short; make the most of it, whether in civil service or any other field. Just have a clear vision...
Social Media
Tiger jump Sundarban
Stunning Viral Video Shows Royal Bengal Tiger Making Spectacular 30-Foot Leap Across River in Sunderbans - See It Here
Retired Indian Forest Service (IFS) officer Susanta Nanda shared the clip online, which quickly went...
shubham kumar ias marriage
IAS Topper Weds BPSC Topper: Shubham Kumar Marries IRS Officer Priyangi Mehta in Patna; Wedding Video Goes Viral
Topper Couple Alert: Shubham Kumar, Priyangi Mehta’s Wedding Grabs Spotlight in Bihar
parveen kaswan elephant
Elephant Outsmarts Electric Fence! IFS Parveen Kaswan Shares Incredible Video!
In the now-viral 51-second clip, the intelligent giant approaches a wooden pole supporting high-voltage...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Mohan Yadav CM MP
Madhya Pradesh Aims to Be Global Wellness Hub: CM Mohan Yadav at Spiritual and Wellness Summit in Ujjain
UP Tourism
UP to Showcase Its Spiritual, Cultural Grandeur at PATA 2025 in Bangkok; Global Push for Tourism & Investment
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Monika Singh
IAS Tushar G Nikhare
IMG-20250523-WA0036
ADVERTISEMENT
ADVERTISEMENT