The chief minister urged the prime minister to release funds to the tune of Rs 556 cr, which is additionally required for the annual plan for fiscal 2015-2016.
"The meeting lasted for about 10 minutes. The Prime Minister has assured of necessary action in this regard," Rangasamy said.
He also raised the statehood issue for Puducherry with Modi.
Earlier, Rangasamy met Minister of State for Finance Jayant Sinha on the current fiscal situation of the Union Territory.