The 1991 Union Budget, presented by Dr. Manmohan Singh, marked a historic shift in India's economic journey. Amid a severe balance of payments crisis, Singh introduced reforms that dismantled the License Raj, reduced bureaucratic hurdles, and opened India to foreign investments. With a focus on liberalization, privatization, and globalization, this budget laid the foundation for India's transformation into a global economic powerhouse. Dr. Singh's visionary leadership and his iconic quote, "No power on Earth can stop an idea whose time has come," continue to inspire India's economic ambitions. #economicreforms #India1991 #ManmohanSingh #EconomicLiberalization #indiagrowthstory #LicenseRaj #globalization #privatization #indiaeconomy #economichistory #ugibengaluru #upscpreparation #upsc2025 #upscnotes #indianeconomyforupsc #UPSCPolityAndEconomy #upscmains #upscprelims2024 #EconomicReforms1991 #upscmotivation #UPSCKeyTopics #IndiaEconomicReforms #ManmohanSingh1991 #IndiaBudget1991 #VictorHugoQuote #economictransformation #LicenseRajAbolished #IndiaGlobalization #1991EconomicCrisis #currentnews #latestupdates #trending #currentaffairsforupsc #manmohansingh #nationalnews Stay tuned, and be sure to like, share, and subscribe for more videos! Follow Us: (http://facebook.com/ugibengaluru) (https://www.youtube.com/@ugibengaluru) (https://www.instagram.com/ugibengaluru/) (https://twitter.com/ugibengaluru) Visit our website for more detailed insights: https://universalinstitutions.com/ 🌟 Join Universal Group of Institutions! 🌟 Admissions Open for 2025-26! Enroll now at Universal School of Administration, Universal Pre-University College, Universal School of Law, & Universal Green School in Bangalore. Offering programs in Civil Services preparation, law, arts, science, & more. Start your journey towards excellence today! 📞 +91 9686664985 / 6366816611 🌐 www.universalinstitutions.com