Narendra Modi 26 May 2014 at the Rashtrapati Bhavan. He became the first Prime Minister born after India's independence from the British Empire. His first cabinet consisted of 45 ministers, 25 fewer than the previous United Progressive Alliance (UPA) government. 21 new ministers were added to the council of ministers in November 2014. During his premiership, India rose to the 77th rank from 142th in the 2018 Ease of Doing Business ranking by World Bank. The economic policies of Modi's government focused on privatisation and liberalisation of the economy, based on a neoliberal framework. Modi liberalised India's foreign direct investment policies, allowing
Persons of Indian Origin Card in November 2014, this requirement was removed. The FRRO will issue a "Residential Permit For PIO" which is typically valid till the expiry of the PIO card holder's passport. On 28 September 2014, Prime Minister Narendra Modi announced at Madison Square Garden (New York) that PIO card holders would be granted lifelong visas. This became a reality in November. Persons of Indian Origin Card Persons of Indian Origin Card (PIO Card) was a form of identification issued to a Person of Indian Origin who held a passport in a country other than Afghanistan, Bangladesh, Bhutan, China, Nepal, Pakistan and Sri