Finance minister Yashwant Sinha held a long meeting with RBI governor Bimal Jalan to discuss joint measures to kickstart the economy. The meeting was also attended by expenditure secretary C M Vasudev. Emerging out of the meeting, Jalan said, ''We are concerned about growth. We will cross the bridge when we come to it,'' Jalan quipped when asked when would larger public investments be put into the economy.
Sinha said the government's top priority was to ensure that whatever has been provided in the budget for capital expenditure is spent as fast as possible to spur demand and growth.

Finance ministry sources said measures could include a softening of interest rate regime to pump more investments into the economy.

Earlier, the Finance Minister had a meeting with financial advisors of various ministries where he underlined the need for expeditiously restructuring and closure of the loss-making PSUs. Bureau Report