The government has approved the upgradation of Hindustan Aeronautics Limited (HAL) to the status of the 14th Maharatna Central Public Sector Enterprise (CPSE). The announcement was made by the Department of Public Enterprises, stating that Finance Minister Nirmala Sitharaman gave the final approval.
The decision followed recommendations from the Inter-Ministerial Committee, chaired by the Finance Secretary, and the Apex Committee, led by the Cabinet Secretary.