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PSUs (Public Sector Undertakings)

Public Sector Undertakings (PSUs) are government-owned corporations or enterprises in India. These entities are established to undertake commercial activities that serve the public interest, such as providing essential services and infrastructure. PSUs are often involved in sectors like energy, transportation, and finance, and they contribute to the economy by generating employment and revenue. The government has a significant shareholding in these companies, which allows it to control operations and ensure that they align with national development goals. Examples of PSUs include Indian Oil Corporation and Bharat Heavy Electricals Limited.