During the earlier UDF Government almost all the PSUs in Kerala had become loss making and decline. Some were proposed to be closed. But during the two year period of the LDF government some of them have become profitable and all are on the way for better performance. As per he latest reports 14 out of the 42 PSUs have become profitable. The Pinarayi Government has offered to take over the Central PSUs in Kerala, which the central government want to hand over to the private corporates.
The Modi Government is the Destroyer of PSUs, while Pinarayi Government is the Protector of the PSUs!