He said the scheme will bring revolutionary changes in the enrolment process for soldiers, asserting that there will be no compromise on the quality of training to be imparted to the personnel to be recruited under the scheme.
The sector has demanded for one-time restructuring of developer loans; homebuyers want the government to consider granting tax relief for those who are paying both rent and EMI.
The minister for MSME, and Road Transport and Highways said the government stands with the industry but it also needs to understand the government's limitations.
Senior Congress leader P Chidambaram said, "The poor have been left to fend for themselves for 21+19 days, including practically soliciting food. There is money, there is food, but the government will not release either money or food. Cry, my beloved country," he said on Twitter.
The Centre had on Wednesday announced special financial assistance to the state but stopped short of granting it a special category status, a move that drew criticism from certain quarters and parties including YSRC, Congress and Left front.
ISA, representing the over USD 100 billion steel industry, met Steel Ministry official last month and sought a comprehensive support package on the lines of the ones extended to textiles and sugar sectors.
In an interview with CNBC-TV18, Sawhney said that despite the financial assistance, there will be arrears, which need to be addressed by the Central government.
Educomp Solutions on Wednesday said its board of directors have approved a financing package of USD 155 million, which will be partly used to pay off its foreign currency convertible borrowings (FCCBs), sending its stock surging 9%.
The Centre is working out a financial package for West Bengal to tide over the huge problems the new government has inherited from the Left Front administration, Union Finance Minister Pranab Mukherjee said today.