The BJP government led by Prime Minister Narendra Modi announcing intentions to close down sick public sector units caused unease among employees of Hindustan Antibiotics in Pimpri. The ailing PSU looking at revival options has over a thousand employees praying that the axe would not fall on Hindustan Antibiotics, which was started as an initiative of the country’s first PM Jawaharlal Nehru. The central government has decided to close down sick government-run units. Finance Minister Arun Jaitley had also hinted at the government desire to privatise sick PSUs. The government has made up its mind to close down sick units and turn the gaze on loss-making units. Firms that have completely stopped production activity will be closed down. Hindustan Antibiotics (HA) employees are worried though there are indications that HA might not close down after all. The HA management and the HA Majdoor Sangh believe the axe would not fall on HA. Some positive developments recently “have given high hopes of HA being pushed on the revival path.” One of the principal reasons, they say, is optimism expressed by Union Chemical and Fertiliser Minister Ananth Kumar at a meeting with HA representatives in Mumbai on Friday. “During our discussion, he nowhere indicated that the government was planning to close down HA. In fact, the minister spoke about reviving the PSU. He gave positive signals about HA being high on government’s revival agenda,” said Sunil Pataskar, general secretary of HA Majdoor Sangh. A few days back, the centre had released Rs 9 crore to pay three months’ salary for HA employees. “The minister also promised that he would ensure that remaining eight months’ salary would be released in the next three months,” said Pataskar. Yet another “welcome development” was on Monday when Industrial Development Bank of India (IDBI), the operating agency for the restructuring plan of HA, convened a meeting of bank representatives, creditors and others for the revival plan prepared by Industrial Finance Corporation of India (IFCI) under the Board for Industrial and Financial Restructuring (BIFR). “The IDBI plans to push for a Rs 528-crore rehabilitation package before banks and creditors and seek their approval. After approval, it will be moved forward,” Pataskar said. In view of positive developments, Pataskar said employees hope the axe would not fall on HA. “As far as production is concerned, HA is not completely down. Our agri-unit is functioning in full capacity. Other units are down but not out. We are only looking for working capital,” he said. HA, which finds a mention in school textbooks as the country’s first penicillin PSU was Nehru’s dream project. It is folklore that after the death of Kasturba Gandhi (wife of Gandhiji), it was felt she could have been saved by antibiotics. Nehru had pushed for a penicillin unit in Pune, according to some HA officials. Employees are hoping BJP’s known antipathy to all that is Nehruvian, does not become reason for HA’s fall. Their efforts to push their cause through Union Minister Prakash Javadekar, who is from Pune, did not yield results. “We hope just because the company was started by Pt Nehru, it does not become reason for its closure,” said a senior HA employee.