Jaitley made the remarks at a dinner reception hosted in his honour at the Indian Embassy which was attended by many senior Obama Administration officials and senior ministers.

It is rare for so many administration bigwigs, including three cabinet rank ministers, to attend a reception for a visiting Indian Minister.

In his brief remarks, Jaitley acknowledged that the presence of top officials was a reflection of the new era of India-US ties.

"Prime Minister Modi was here in the US last September. President Obama became the first President to visit India twice during his presidency. The kind of reception he received at our Republic Day where he was the chief guest is only an endorsement of the fact that...it is a relationship widely endorsed by the people," he emphasised.

India, Jaitley added, is going through a very transformational change. "It's a change where we can see the role ahead of us," he cited.

The role is to strengthen the economy, get rid of several legacies of the past so that the government is able to serve its people the most it can, Jaitley urged.

The India-US relationship is stronger than ever, Jaitley said. The Indo-US partnership now extends to various fields.

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