New Delhi: Dalal Street Investment Journal (DSIJ), India’s No.1 investment magazine is organizing the PSU Awards 2013 to honor the Public Sector Undertaking (PSU) for their commendable performance.  DSIJ always had great regard for Indian PSUs and recognize their contribution to the Indian economy.

The award ceremony will take place on April 2, 2014 at Hyatt Regency, Bhikaji Cama Place, New Delhi. The DSIJ Group would be giving 16 awards in various categories. Shri T K A Nair, Adviser to Prime Minister, India, will be the Chief Guest and Guest of Honors will be Justice A.P. Shah, Chairman Law Commission, India and Padma-Shri Dr. Pritam Singh, Director General International Management Institute, New Delhi.

As always and to ensure that fair weight age is given to all categories of the PSUs, the selection panel of experts for these awards have advised that all awards be divided into three categories –Maharatnas,   Navratnas and Miniratnas. This would ensure that Miniratnas also get chance to be conferred with the prestigious DSIJ awards.

Mr. Sanjay Padode, Managing Director of DSIJ Pvt. Ltd. said, ‘Dalal Street Investment Journal, which has democratized wealth creation for more than 25 years has always recognized the contribution of Indian Public Sector Undertakings (PSUs) in building a robust society and economy for our nation. This recognition has manifested itself in the form of the most coveted “DSIJ PSU AWARDS” since 2009. These companies have been the pillars of the economy providing business opportunities for establishing the Indian Private sector whilst delivering on their social objectives of seeding development and prosperity in the country.

“The 5th. DSIJ PSU AWARDS 2013.”  demonstrates the continuing faith of the Dalal Street Investment Journal in the Indian PSUs. The past four award ceremonies have been attended by the who’s who of the Indian PSU and this year we are hoping to see a larger gathering consisting of business leaders, bureaucrats and academicians to celebrate the success of the Indian PSU’s.

The selection criterion for the awards has been quite comprehensive as the selection panel has looked at multitude of parameters to evaluate performance of the company & every parameter has been evaluated over an extended period of time. This is to ensure that each of the awardees truly deserve the award. The parameters include at Size, Growth, Wealth Builders, Valuable and efficiency.

The 5th DSIJ PSU Awards 2013 will be conferred on PSUs in the following categories:

1)      Best Value Creating Maharatnas

2)      Most Efficient Maharatna

3)      CAG Pick of the Year Maharatna

4)      Best Value Creating Navratna

5)      Most Efficient Navratna

6)      Fastest Growing Navratna

7)      Best Value Creating Miniratna

8)      Most Efficient Miniratna

9)      Fastest Growing Miniratna

10)  Consistent All Round performer Insurance

11)  Highest 3 “N” General Insurance Company

12)  “Developing IT Resources for the Government”

13)  Best PSU Bank

DSIJ started PSU Award in 2009 and this year is they will be celebrating the fifth edition of PSU Awards. There are many awards to felicitate heroes in the private sector but when it comes to recognizing the service of the Public Sector Enterprises (PSEs), there are none that give due recognition to these pillars of the Indian economy.

At the award ceremony, DSIJ will also launch a book containing information on PSU Maharatanas, Navratnas and Miniratnas. The book has been dedicated to 15 lakh PSU employees of the nation.