Finance Minister Arun Jaitley today said that he hoped that RBI would cut interest rates to boost growth. The Finance Minister said that the disinvestment process with an eye on raising more than Rs. 58, 000 crore by selling government stakes in Public Sector Undertakings is on schedule. Jaitley was interacting with media persons after addressing the Central Board of Reserve Bank of India. Jaitley also told the board that tax incentives have been enhanced to promote household savings and measures are being taken accelerate credit flows to infrastructure and promote the growth of agriculture. RBI Governor Raghuram Rajan said preliminary discussions have started on the proposed modern monetary policy framework that is aimed at addressing the challenges of a complex economy. On the issue of bringing down retail inflation, Rajan said that the policy is on target.