Prime Minister of India 1984 to get a majority in the Lok Sabha. Narendra Modi—the Chief Minister of Gujarat—was elected prime minister, becoming the first prime minister to have been born in an independent India. The Constitution envisions a scheme of affairs in which the President of India is the head of state; in terms of Article 53 with office of the prime minister being the head of Council of Ministers to assist and advise the president in the discharge of his/her constitutional functions. To quote, Article 53, and 75 provide as under; Like most parliamentary democracies, the president's duties are mostly ceremonial as
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