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Some of the challenges Mr Modi will need to tackle include - creating 10 million jobs per year to keep pace with the nation's population growth; building new roads, power plants and airports; and keeping food prices under control.
If all goes well, your payment will rise each year to keep pace with inflation.
While demand requires 250,000 homes a year to keep pace with population growth, supply dwindles at about 110,000.
London First says the city needs 50,000 new homes a year to keep pace with a population that's 8.6 million and rising.
Under current law, the $80,000 threshold and the income brackets will be adjusted each year to keep pace with inflation, as measured by the Consumer Price Index.
The Office for National Statistics ONSS) updates its basket of goods and services every year to keep pace with changing spending habits.
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The International Labour Organisation says that 440 million new jobs need to be created during the next 10 years, to keep pace with population growth (pdf).
That is because many more buyers have chosen variable-rate mortgages in the last five years to keep pace with rising housing costs, industry executives and analysts said.
"Our attitude is that aquaculture production must double in the next 10 years to keep pace with global demand, and in particular the changes in demand coming from growth in middle-class populations in developing nations," he said.
Gerald M. Cope, a Philadelphia architect who was responsible for the design changes then, observed at the time that most shopping centers need refurbishing every 10 or 12 years to keep pace with shifts in marketing and consumer trends.
Six more are planned in Essex, Suffolk and Norfolk involving 250 hectares but the RSPB and the environment agency estimate 10,000 hectares (625 acres) of farmland will have to be abandoned to the sea in the next 15 years to keep pace with encroaching tide and storm.
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