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9 Liberal Stud. 5 (2024)

handle is hein.journals/libs9 and id is 1 raw text is: Concept Note Since Narendra Modi assumed office as the Prime Minister of India in May 2014, his government has introduced a series of transformative policies aimed at reshaping India's economy, governance, and social fabric. This analysis examines the key policy areas and their implications. His government introduced key reforms in major sectors. Economic Reforms like Goods and ServicesTax (GST) in July 2017. The GST aimed to unify India's complex tax system by replacing multiple indirect taxes with a single tax on goods and services. The reform sought to enhance transparency, reduce tax evasion, and simplify the tax compliance process. The 'Make in India' initiative, launched in September 2014, sought to boost manufacturing by encouraging both domestic and foreign companies to invest in India. The policy aimed to transform India into a global manufacturing hub, create jobs, and improve the ease of doing business. It has attracted significant foreign direct investment (FDI) and spurred the growth of sectors such as electronics and automobiles. -N.Lalitha Bharathi and Soni Kunjappan examine the causes of the issues preventing the Pradhan Mantri Fasal Bima Yojana from being implemented and potential methods to address them using a social management model of holistic governance. The paper discusses that the schememight finally help the farmers escape the vicious debt trap set by the loan sharks, if implemented properly, as agriculture is the backbone of theworld's most populous country

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