Progress of monsoon in India has been better than the predictions, improving prospects for agriculture and putting the economy on a stronger footing, Finance Minister Arun Jaitley has said.

He was speaking at a luncheon meeting organised by CII here in partnership with US-India Business Council on Monday.

Companies which attended the luncheon meet included Microsoft, Applied Materials, Amazon, Oracle, Hewlett Packard, Visa, Franklin Templeton, Google, Cisco, First Solar, Aemetis, Ebay, Qualcomm, Blackberry and San Disk.

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