"Maharatna" is a status granted by the Government of India to certain public sector enterprises (PSEs) that have a significant impact on the economy. This designation allows these companies greater financial autonomy, enabling them to make investment decisions without prior government approval. To qualify, a PSE must meet specific criteria, including a minimum net worth and revenue. The Maharatna status is part of a broader initiative to enhance the performance of public sector undertakings (PSUs) in India. Other categories include Navratna and Miniratna, which also provide varying levels of operational freedom. This classification aims to promote efficiency and competitiveness in the public sector.