Foreign policy of the Narendra Modi government India's approach toward ASEAN nations. The two sides also discussed the scope of extending the existing free trade agreement on service sector as well and ways to increase India-ASEAN trade which is expected to reach US$100 billion in 2015. Modi also stressed on three 'C's to strengthen the relation and those are commerce, connectivity and cultural links. In the sidelines of ASEAN summit Modi also held several bilateral meetings with his counterparts including Thai Prime Minister Gen Prayuth Chan-ocha, Singapore's Prime Minister Lee Hsien Loong, Sultan of Brunei Hassanal Bolkiah, Malaysian Prime Minister Najib Razak and South Korean President Park
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