Prime Minister announces Lifetime Visas for PIOs, Visa on Arrival for US visitors

In his speech addressing Indian-Americans at Madison Square Garden, PM Modi announced lifetime visas for PIOs (Persons of Indian origin). In additional reforms, he said that PIO card holders staying for a long term will not have to report at the local police station and that eventually, PIO and OCI schemes will be merged and the process streamlined in order to facilitate easy travel for the card holders.
As far as US citizens are concerned, he announced a visa on arrival scheme for them. He also mentioned that the government was looking into granting long term visas for US citizens visiting India as tourists.