Kerala State has offered to take over the loss making PSU, Instrumentation Limited Palakkad, considering the large number of employees and their future. It asked the Centre to clear the arrears of salaries of the employees as it can not take the responsibility for the same. The central government has not agreed so far and the process of handover has not started.
The mother unit of the PSU at Kota has already been closed. BJP is making all obstructions to the take over of the Kerala unit by the state government, since it will clearly show the difference between the pro-PSU policy of the LDF and the anti-PSU stand of NDA.
The question is of the employment of more than 300 employees of the PSU and also strengthening of the PSU. The central government should hand over the PSU to state government after clearing the dues.