Rail Vikas Nigam Limited (RVNL) has now been promoted to ‘Navratna’ category of Central Public Sector Enterprises (CPSE) from Category-I Miniratna. This means the company will have more autonomy in terms of investment, setting up joint venture and other financial decisions.
As per DPE Tweet, Finance Minister Nirmala Sitharaman has approved the upgradation of RVNL to Navratna CPSE. RVNL will be the 13th Navratna amongst the CPSEs,” Department.
