Awards Process-CPSE

Awards Process

The awards in this category would start with the filing of nominations by the PSUs. However, the Governance Now Research Team will also use its own research to get further information to verify and evaluate the nominations. The shortlisted applications will be presented to the jury for the final evaluation.

(I) Categories for Nominations

Category N1: CSR

Sub Category N1.1 Environment & Sustainability
Sub Category N1.2: CSR Commitment (Overall)
Sub Category N1.3: CSR Leader of the Year

Category N2 : Nation Building
Category N3: HR
Sub Category N3.1: Reskilling of Employees (Training & Development)
Sub Category N3.2: HR Excellence (Overall)
Sub Category N3.3: HR Leader of the Year

Category N4: Communication
Sub Category N4.1: Communication Outreach
Sub Category N4.2: Communication Leader of the Year

Category N5: Research & Innovation
Category N6: New Initiatives
Sub Category N6.1: Investment in Start-ups
Sub Category N6.2: Increase in the Geo-strategic Reach


Category N8: Technology initiative in Vigilance in PSUs

(II) Financial Categories (No Nomination Needed)

Category F1: Strategic Performance
Category F2: Employee Productivity
Category F3: Resilient Growth (Turnaround)
Category F4: Strategic Investments
Category F5: Stock Market Perception
Category F6: Highest Dividend payer
Category F7: Best Performer (Financial)

How to be the part of the financial Awards Categories
Financial performance of an organisation is critical for the overall evaluation of any company. Hence, Governance Now 9th PSU Awards lays equal thrust on the same. In the financial awards category evaluation, the Awards Research Agency will be using the data of the eligible public sector enterprises from the respective Annual Reports, CMIE Database and DPE surveys and reports to arrive at the scores. The scores thus arrived at will be normalised by the Research Team and will be presented to the jury to help them understand how well a PSU is performing given the inherent characteristics of industry, market and time. All formulas used to derived results will be validated by the set of jury beforehand.

(III) Other Categories
There may also be a Jury Award & Value Growth Awards for the PSU that stands out. It could be a disruptor, an experimental trial, an honourable failure, or something that little bit different or turn around that is significant.

  • Value Growth
  • Jury Choice

The winners will be decided based on the decision of the high-powered Jury, which would meet to evaluate the score and adjudicate the winner in each of the awards categories. This would be followed by an on-ground conference and Awards ceremony.

How to Apply: Send us the filled declaration form (D1) and send us along with the financial reports of the last two fiscals (2020& 21)

How to apply
1. Draft detailed description of the organisation’s work (max. 2000 words) in the category in which the organization is sending application highlighting that would merit receipt of the 9th PSU Awards 2022. The note must refer to the importance of the work, its impact, and its projected influence.

2. Please share what sets you apart. Tangible examples of clear benefits are needed along with the financial cost and return.

3. Please send relevant supporting data specific to the category, annual reports (last two fiscals 2020-21; 2021-22), background info such as press cuttings, letters, reports, etc. online at

4. Entries to be submitted in the format/nomination form prescribed by us.Pls refer the format for each category.

For any queries or clarifications regarding the Awards and nomination, please e-mail Sunil Kumar, Manager Research & Operations, Governance Now at +91 9560136992