Reddy's meeting with Singh lasted for about 15-20 minutes, sources said, but details were not available.
Coinciding with the meeting, the Finance ministry started outlining the government's move to control price rise amid reports that Reddy also met Finance Minister P Chidambaram.
The Government had yesterday indicated stronger measures on demand and monetary sides. Addressing the media, Chidambaram had said "these are difficult times.
The government is aware of difficulties... Naturally, we will have to look at stronger measures on demand and monetary sides...We will try to address to best of our abilities the demand and monetary sides and try to improve supply side also."