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Jaitley meets PM, discusses economic performance

Meeting comes at a time when the Finance Ministry is in the process of firming up proposals for the 2015-16 Budget

Press Trust of India  |  New Delhi 

Finance Minister Arun Jaitley speaks in the Lok Sabha to announce the Sebi Bill

Finance Minister on Tuesday Prime Minister Modi and is believed to have discussed the performance of the economy in the past seven months.

The meeting comes at a time when the is in the process of firming up proposals for the 2015-16 Budget to be unveiled by Jaitley in February.

Modi had on Monday at Make in workshop said the government was ready to change laws and rules to boost manufacturing sector. The economy has shown signs of pick up in the past seven months and is estimated to record a growth rate of 5.5 per cent in the current financial year. Jaitley in a post on Sunday has said his first priority would be to arrest the slowdown in growth.

"The Government in the past few months has undertaken several reforms. More are to follow ... The manufacturing slowdown has to be reversed. Changes and reforms which impact favourably on the manufacturing sector have to be undertaken. That is a focus which I intend to pursue," he wrote.

First Published: Wed, December 31 2014. 00:40 IST