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In this video, we dive deep into the most thrilling chapter of Indian history—the 1991 Economic Crisis and the LPG Reforms. If you are a Class 11/12 Commerce or Economics student, or a CUET UG /UPSC aspirant, this "One Shot" video is all you need to master Chapter 3 of Indian Economic Development. ECONOMIC REFORMS SINCE 1991| LPG CLASS 11 & CLASS 12 ECONOMICS | उदारीकरण, निजीकरण, व वैश्वीकरण | Liberalisation, Privatisation, and Globalization By Varsha Sharma mam What you will learn in this video: ✅ The Backstory: Why was India a "Closed Economy" and what was the "License Raj"? ✅ The 1991 Crisis: Why did we almost go bankrupt? (The BOP Crisis explained). ✅ The $7 Billion Deal: The role of the World Bank and IMF. ✅ The LPG Trio: A detailed breakdown of Liberalisation, Privatisation, and Globalisation. ✅ The Reality Check: Did the reforms actually help, or did they leave Agriculture behind? This isn't just a lecture; it’s the story of how India transformed from a struggling nation into a global superpower. Video Timestamps: 00:00 - Introduction: Letting go ka asli matlab kya hai? 01:05 - Kyon hum past mistakes aur logon ko nahi chhod paate? 02:30 - The Core Problem: Control ki chah (The desire for control). 04:15 - Attachment vs. Engagement: Dono ke beech ka antar. 06:50 - Powerful Mindset Shift: "It is what it is." 08:20 - Apne aap ko maaf karna (Self-Forgiveness) kyun zaroori hai. 10:45 - Mental clutter ko saaf karne ki exercise. 13:10 - Practical Steps: Rozana ki zindagi mein "Letting Go" kaise practice karein. 15:40 - Conclusion: Nayi shuruat ke liye purane ko chhodna. #LPGReforms #Class11Economics #CUET2026 #IndianEconomy #1991Crisis #HimalayaEduHub