Hyderabad: Telangana’s Industries and Information Technology Minister K.T. Rama Rao, in a letter to Union Finance Minister Nirmala Sitharaman, he appealed to the Central government to reconsider the plans, failing which the Telangana government will “strongly obstruct the moves”.

Instead of selling the assets, the Union government should explore the possibilities of reviving and strengthening the PSUs. If it is not feasible then the state government should be given an opportunity to set up new industrial units on such lands, said KTR.

It was unfortunate that the Modi government did not provide job opportunities to the unemployed youth. If the PSUs were reopened, they would provide direct employment to thousands and indirectly millions would be benefited, said KTR.