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
Narendra Modi completed 2,063 consecutive days as chief minister of Gujarat, making him the longest-serving holder of that post, and the BJP won 122 of 182 state-assembly seats in that year's election. As Chief Minister, Modi favoured privatisation and small government, which was at odds with the philosophy of the RSS, usually described as anti-privatisation and anti-globalisation. His policies during his second term have been credited with reducing corruption in the state. He established financial and technology parks in Gujarat and during the 2007 Vibrant Gujarat summit, real-estate investment deals worth 6.6 trillion were signed. The governments led by Patel and Modi