The policy of Liberalization, Privatization, and Globalization (LPG) was initiated in India in 1991 by P.V. Narasimha Rao (Prime Minister) and his Finance Minister Dr. Manmohan Singh, who implemented these landmark reforms to pull India out of the economic crisis and open up the economy, thereby setting a new direction for economic development in India. #pmmanmohansingh #pm #india #bharat #14thpm all competitive exam important questions? kumar gaurav sir most important current affairs 2025 #gauravsirtalks #gauravsir #kumargauravsir #indiannavy #utkarsh_ki_ladli_kam Delhi Police most important #gk #science #railway #bpsc #upsc #CAPF #EPFo #generalknowledge #upsc #SSC #rrb #competitiveexams #BPSC #UPSCPrelims2026 #gk #knowledgeispower #ssc #sscgd #bseb #10th #biharboardmatricexam2026 #sst