PSU company were the free cash flow to CongessParty & their family members for survival of last 70 years. They fall on their sword by poor show of PSUs & ultimately call it for long closure. MMS has to open for Privatization & economic reform as there were no other option left.
Investigate all the PSUs who were directors, DG, Chairman. They were all from Congess family. Only they became reach & Indian people became poor & poorest.