Jaitley, who was last week named the publicity head of BJP for the general elections is to present the BJP-led NDA government's sixth and last budget on February 1, before the general polls due by May.
The Committee said it fail to understand the reasons behind the allocation where the amount allocated under capital budget does not even fulfil the Defence Ministry's obligations towards committed liabilities.
The meetings came amid a face-off between the central bank and the finance ministry over issues ranging from appropriate size of reserves that RBI must maintain to ease of lending norms to step up growth in an election year.
“The RBI is something like a seat belt. if you do not put on your seat belt you get into an accident. The aim of the board is to be Rahul Dravid -- sensible, thoughtful and not, with due respect, Navjot Sidhu," he said.