Indian Economy·Key Judgments

PSU Performance and Reforms — Key Judgments

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Version 1Updated 5 Mar 2026

Key Judgments

Balco Employees Union vs Union of India

2002

The Supreme Court upheld the government's right to disinvest PSUs, ruling that disinvestment policy decisions are within the executive domain and do not require legislative…

Indian Airlines vs Prabha D. Kanan

2006

The Supreme Court clarified the employment status and service conditions of PSU employees, establishing that PSU employees are not government servants but corporate employees.…

ONGC vs Petroleum and Natural Gas Regulatory Board

2014

This judgment addressed the regulatory framework for PSUs in liberalized sectors, establishing the balance between sectoral regulation and PSU operational autonomy. The court…

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