Premiership of Narendra Modi been agreed by his predecessors Singh and Vajpayee. During the first few months after the election, Modi made trips to a number of different countries to further the goals of his policy, and attended the BRICS, ASEAN, and G20 summits. During these visits, Modi attempted to draw further foreign investment in the Indian economy, with the use of slogans such as "Make in India" and "Digital India," put forward during a visit to Silicon Valley. One of Modi's first visits as prime minister was to Nepal, during which he promised a billion USD in aid. Another early visit was to
Premiership of Narendra Modi budget was moved from 28 February to 1 February and financial cycle was changed from July to April. Further, the artificial distinction between planned and non-planned expenditure was removed. Foreign Investment Promotion Board (FIPB), considered as a hurdle in FDI, was scrapped by Modi government. Modi government put in place the Goods and Services Tax, the biggest tax reform in the country since independence. It subsumed around 17 different taxes and became effective from 1 July 2017. Modi launched Pradhan Mantri Jan Dhan Yojana (PMJDY) in August 2014. The initiative aimed to create bank accounts and debit cards for 150