'PSM problem: a workable solution'

This is apropos a Business Recorder op-ed "PSM problem: a workable solution" carried by the newspaper yesterday. The writer, Farhat Ali, seems to have come up with an interesting idea. According to hi, for example, "PSM chairman's plan or vision does not make any business sense at all. The only viable option for a cash-starved government is to either liquidate or privatise this white elephant without any further loss of time."
In order to substantiate his argument he has given certain reasons. In my view, however, he has failed to concentrate on the big picture; he has been distracted by details. That PSM is an asset of permanent value belonging to this country is a fact. The incumbent PSM chairman has a vision to revive country's mega industrial unit through better management control and improved performance. We must give him a chance to transform his idea into reality.