- RVNL was incorporated in 2003 as a wholly owned PSU of the Ministry of Railways. - Its primary objective is to undertake and execute railway infrastructure projects. - The grant of Navaratna status provides RVNL with enhanced autonomy in decision-making, particularly regarding investments, joint ventures, and setting up subsidiary companies, within certain financial limits.
'Rail Vikas Nigam Limited' is a :
Asked in UPSC CAPF 2023 · Topic: Industrial Sector (Public Sector Undertakings (PSUs): Role, Performance, and Disinvestment Policy)
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