Several important reforms have already been enacted to realize this goal in the first year of Modi 2.0 Government. A massive cut in corporate taxes making India one of the most competitive economies in the world, big disinvestment announcements, Labour Code reforms, Public Sector Banks consolidation and continued success of the Insolvency and Bankruptcy Code are just some of the path-breaking reforms undertaken by the government since May 2019. Prime Minister Narendra Modi had been voted back to power with an enhanced mandate in the General Elections held in April-May 2019.