💨 Abstract

The central government has upgraded Hindustan Aeronautics Limited (HAL) to the 14th Maharatna Central Public Sector Enterprise (CPSE), granting it operational autonomy and financial powers for future projects and growth. The Maharatna status allows HAL to invest up to 15% of its net worth in projects and up to Rs 5,000 crore in foreign ventures without government approval.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖