Indian Space Research Organisation launched on 5 May, 2017. During the 18th SAARC summit held in Nepal in 2014, Indian Prime Minister Narendra Modi mooted the idea of a satellite serving the needs of SAARC member nations, part of his Neighbourhood first policy. One month after sworn in as Prime Minister of India, in June 2014 Modi asked ISRO to develop a SAARC satellite, which can be dedicated as a ‘gift’ to the neighbors. It is a satellite for the SAARC region with 12 Ku-band transponders (36 MHz each) and launch using the Indian Geosynchronous Satellite Launch Vehicle GSLV Mk-II. The total cost 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