Which Is Better IAS Or PSU?

What is the salary in PSU after 10 years?

Salary Structure of Top 10 Paying PSUsS.

No.Name of PSUsSalary CTCS.

No.Name of PSUsSalary CTC1.Power Grid Corporation of India Limited (PGCIL)₹ 20,00,000 /-2.National Thermal Power Corporation (NTPC)₹ 18,00,000 /-3.Oil & Natural Gas Corporation (ONGC) Limited₹ 16,50,000 /-7 more rows.

Which is the best PSU in India?

Non-Banking PSUsSr. No.Company NameCompounded Profit Growth (5 years)1Oil & Natural Gas Corporation Ltd.3.62%2Bharat Petroleum Corporation Ltd.14.66%3Indian Oil Corporation Ltd.23.89%4GAIL (India) Ltd.7.94%6 more rows•Aug 29, 2020

Is BHEL going to be Privatised?

Government of India today said that its list of public sector companies scheduled to be sold to private entities did not include Bharat Heavy Electricals Ltd. However, today, almost everything that BHEL makes is also made by private companies in India. …

Why Delhi is best for UPSC?

Delhi is the hub of IAS coaching centres in India. A majority of more than 40% of aspirants in and around Delhi come to the capital city to prepare for their UPSC examination. Nowadays, an increasing trend of students opting for online coaching classes has become evident.

What is PSU salary?

Salary StructurePSUIESSCALESALARYSALARYMaharatnaRs. 60000-180000Rs. 15600-39100NavaratnaRs. 20000- 140000Rs.15600/- 39100/-MiniratnaRs. 40000-180000 (depending on the position and company)Rs. 15600-391004 more rows•Mar 19, 2020

What happens if PSU is Privatised?

Privatisation leads to creation of wealth. The cost of production is reduced and profits are maximised. It is certainly a good step if the government feels that a particular sector can be opened up to competition and it will benefit the market and the consumer.

Do all IAS become DM?

On an average, the DM posting is given to the IAS Officer for 4 to 5 years only in the whole career as an IAS Officer. Some IAS officers never get an opportunity to become a DM at their career. … A DM is only a coordinating officer for all the state government departments.

Is Privatisation of PSU good or bad?

Loss-making PSUs certainly merit privatisation — but no one would buy them with their huge debt and employee liabilities. The government may even have to pay the buyer, as it happened in the case of the Delhi Discom privatisation. Even then it may be worth it, since privatisation will stop fiscal flows to these PSUs.

Which is better IAS or private job?

As far as salary is concerned, the officers said they get five times better pay in the private sector. According to reports, IAS officers have been hired for pay packages of Rs 50 lakh to Rs 3 crore per year. A serving IAS officer pointed to political interference as the reason why IAS officers were leaving their jobs.

Which govt job has highest salary?

Highest Paying Government Jobs in IndiaIndian Foreign Services.IAS and IPS.Indian Forest Services.Defence Services.Scientists in ISRO and DRDO.RBI Grade B Officer.Jobs in PSU.State Services Commissions.More items…•

Is Gate compulsory for PSU?

Gate is to land in PSU/MTECH (PSU is not a govt job). All Maharatnas (IOC,ongc,Gail,Bhel,Ntpc,Coal india) except SAIL recruits engg through GATE. So if you want to do work in these org, Gate is must.

Why did Modi govt sell PSU?

There are more than 270 public sector undertakings in India. … Modi government believes that selling its stake in “ailing” PSUs will not only garner the required fund and technology to run these companies but will boost the investment drive also.

Do IAS officers get guns?

To summarise, there are no guns entitled to IAS Officers by the government. However, they can get their own licensed guns like any other Indian citizen if they wish to. As mentioned above, they are provided security and personal bodyguards as well, which dismisses their need for security through personal firearms.

Which post is best in IAS?

Chief SecretaryChief Secretary is the highest post in IAS. The highest post in the State is that of the Chief Secretary. At the top of the hierarchy of IAS officers is the Cabinet Secretary in the union government.

What are the advantages of an IAS officer?

In case of a life threat, they can even get STF commandoes for their protection. Bills: They generally get free or highly subsidised electricity, water, gas and phone connections. Trips: IAS officers enjoy subsidised accommodation in government guest houses or bungalows when on official or non-official trips.

Can an IAS earn in crores?

Can an officer make Crores legally? It is also possible for IAS, IPS, IRS, IFS officers to legally make crores of rupees. … The IRS officers earn rewards when they made tax evasion cases. Several officers who earned upto Rs 10 lakhs 20-25 years ago invested in property and stocks which are now valued at several crores.

Can IAS officers use their personal car?

The points for the Lifestyle of an IAS are: A) The vehicle given to the officer mainly car is given which an IAS officer can not use for his personal use it has to be used only for the government or official work. And in case they use it for the personal use they have to pay some nominal charges to the government.

Are PSU jobs worth it?

The best part of being employed in a PSU is a good decent salary. The salary may vary in different PSUs but it is comparable to or more than that being paid in the private sector along with job security which the private sector can never guarantee.