The panel appointed by the government with S.K.Rangoota as Chairman has recommended that  the loss making PSUs also should be disinvested. This is in addition to the disinvestment of profit-making PSUs. The Committee has also recommended that at least disinvestment should take place in 50 PSUs  within the next three years. The report has already been submitted to the Planning Commission.

The committee has also recommended  creating a Public Sector Land Development  Authority ( PSLDA) to develop the PSUs land asset  and utilise them commercially. It may mean to sell it also.

The government is in undue hurry to hand over all the PSU assets to the private companies and big business.