South Asian foreign policy of the Narendra Modi government South Asian foreign policy of the Narendra Modi government Even before becoming the Prime Minister Narendra Modi hinted that his foreign policy will actively focus on improving ties with India's immediate neighbours which is being termed as neighbourhood first policy in the media and he started well by inviting all heads of state/heads of government of South Asian countries in his inauguration and on the second day on office he held bilateral talks with all of them individually which was dubbed as a mini SAARC summit by the media. Later during a launch event at ISRO he has asked Indian
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