"If Prime Minister Manmohan Singh himself takes an initiative and contacts Opposition Leader L K Advani with specific proposals, the party will examine them," senior BJP leader and a former finance minister and Yashwant Sinha told PTI.

His comments come two days after Finance Minister P Chidambaram expressed confidence over pursuing the reforms agenda. Earlier last week Chidambaram had also told PTI that BJP was "obliged" to support certain key financial sector legislations.

Sinha said the "political scenario has changed in the last few days" and what was valid earlier may or may not be valid now.

The UPA government did not pursue many key bills concerning the financial sector in Parliament as the Left Parties, which supported the government from outside, were opposed to those legislatures.

Sinha said his party's view on economic issues are well known and the NDA had followed a liberal economic policy when it was in power.

Indicating that the party could support the government in Parliament to pass the Insurance Law Amendment Bill, Pension Bill and Banking Reforms Bill, Sihna said the Prime Minister should talk to the leader of the Opposition on this.