[19] In his first budget, Finance Minister Arun Jaitley promised to gradually reduce the budgetary deficit from 4.1% to 3% over two years and to divest from shares in public banks.

[43][44] In December 2015, Modi's government signed an agreement with Japan to jointly build a bullet train system linking Mumbai and Ahmedabad.

[50][51] Following this, Prime Minister Modi also announced a scheme of ₹20 lakh crore (equivalent to ₹24 trillion or US$270 billion in 2023) as a relief package for all damages to the economy.

[64] In March 2024 Modi participated in 'India's Teched: Chips for Developed India' through a video conferencing, and laid the foundation stone of three semiconductor projects worth about Rs 1.25 lakh crore.

The PMO stated that the Prime Minister's vision is to establish India as a global center for semiconductor design, manufacturing, and technology development, thereby promoting employment opportunities for the country's youth.

[75] Prime Minister Narendra Modi said that this decision would curtail the shadow economy, increase cashless transactions and reduce the use of illicit and counterfeit cash to fund illegal activity and terrorism.

[90][91][92] After demonetisation of ₹500 and ₹1000 rupee notes[93][94][77] various authorities noticed a surge in shell companies depositing cash in banks, possibly in an attempt to hide the real owner of the wealth.

The BJP sought to identify itself with political leaders known to have opposed Hindu nationalism, including B. R. Ambedkar, Subhas Chandra Bose, and Ram Manohar Lohia.

[citation needed] The Modi administration appointed Yellapragada Sudershan Rao, who had previously been associated with the RSS, chairperson of the Indian Council of Historical Research.

[115] On 8 March 2019, the Kashi Vishwanath Corridor Project was launched by Narendra Modi to ease access between the temple and the Ganges River, creating a wider space to prevent overcrowding.

[117] According to Sumantra Bose, a London School of Economics professor, since being reelected in May 2019, Modi's government has "moved on to larger-scale, if still localized, state-sanctioned mob violence".

[132] The bill make instant triple talaq (talaq-e-biddah) in any form – spoken, in writing or by electronic means such as email, SMS and WhatsApp illegal and void, with up to three years in jail for the husband.

The aim of the PMKVY scheme is to encourage aptitude towards employable skills and to increase working efficiency of probable and existing daily wage earners, by giving monetary awards and rewards and by providing quality training to them.

[167] The Modi government also upgraded several of India's military alliances, although it was unable to conclude negotiations for a trilateral defense agreement with Japan and Australia.

[169] While this was described as an unexpected development, due to the US having previously denied Modi a travel visa over his alleged failure to control the 2002 Gujarat riots, it was also expected to strengthen diplomatic and trade relations between the two countries.

[178] A central feature of Indian PM Modi's foreign policy has been to advance the need to create a "free, open, and inclusive" Indo-Pacific.

[182] The Modi government issued a notification allowing Hindu, Sikh, and Buddhist illegal immigrants from Pakistan and Bangladesh to legalize their residency in India.

[191][192] Modi also played a crucial role and known for involving in 2017 China–India border standoff at the Doklam making the Defence policy strict against China and also strengthening relations with Bhutan.

[193][194] The Modi administration has been active in the Defence policy,[195] he has a major concern and soon on 14 February 2019, a convoy of vehicles carrying security personnel on the Jammu–Srinagar National Highway was attacked by a vehicle-borne suicide bomber at Lethpora in the Pulwama district, Jammu and Kashmir, India.

[198] On 26 February, twelve Mirage 2000 jets of the Indian Air Force crossed the Line of Control and dropped bombs into Balakot, Pakistan.

[207] Under the UPA government that preceded Modi's administration, field trials of Genetically Modified crops had essentially put on hold, after protests from farmers fearing for their livelihoods.

[215] As Prime Minister, Modi announced the abolition of a number of regulations previously placed on Indian businesses, such as a complex permit and inspection system.

Since Modi came into power in 2014, various studies conducted by non-governmental organisations have confirmed the persistent decline in democracy indexes in that now India is widely considered to be gradually moving towards an "electoral autocracy".

[243] According to international think-tank Chatham house amongst many factors, such as its control of the media, corruption, and abuse of power, the BJP seems to be on the path to becoming an illiberal pseudo-democracy similar to Turkey or Russia.

Their attempt at developing the country, has now been increasingly polarised, eroding the citizens' trust in the states' institutions and basic democratic foundations like the rule of law.

[244] If a public source was to criticise the rule of Modi or the BJP, they would be punished through harassment, prosecution, raided by tax income officers, or put under surveillance.

This was to restrict the denunciation of the leader, however this would then deny the public of the free flow of information that essentially enables them to assess the work of the government and make political choices.

The Constitution establishes a political system designed to advancing executive power and supports coercive legislation at their disposal, if there are cases of absent fundamental plumbing, it can be created through amendments.

[249] Jaffrelot finds similarities between the way the Modi administration has used investigative agencies, and the use of income-tax raids as a tool of intimidation by the government of Indira Gandhi during the Emergency.

Before the 2019 general elections, the government did not release data on consumer expenditure, GDP growth, deaths due to lynching, and caste census from 2011.