Finance Minister Arun Jaitley, in an interview with The Economic Times, said that overall liquidity was not a concern, however, there was stress in some sectors which is required to be addressed.

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Jaitley's comments came ahead of a crucial board meeting of the Reserve Bank of India (RBI) on December 14.

“Overall liquidity may not be a matter of concern, but within that overall economy there may be sectors which lack liquidity. Therefore, this sectoral stress in those areas will have to be addressed,” Jaitley told ET.

The government is looking for a special refinance window for non-banking finance companies. The liquidity crunch in sectors such as real estate and micro, small and medium enterprises (MSMEs) is likely to be discussed again in the meeting, the report said.

Jaitley also told the paper that the centre was at an advanced stage of a resolution on the Aadhaar after the Supreme Court ruling.

On the upcoming elections, Jaitely said that the Modi government has done enough to make a good case for re-election in 2019 and that the state polls are usually fought on local issues. He said the agenda for the Lok Sabha election will be different this time.