India–United Kingdom relations Western powers look to India as a case study contrasting democracy-led growth and state-guided growth, the latter of which has been the modus operandi for China. Prime Minister Narendra Modi visited the UK from 12–16 November 2015. During the visit, Modi became the first Indian Prime Minister to address the British Parliament. "The Times of India" reported that agents from Mossad and MI5 were protecting Prime Minister Narendra Modi who was heading to the 2015 G-20 Summit in Antalya, Turkey. The paper reported that the agents had been called in to provide additional cover to Modi's security detail, composed of
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