Django TemplateDoesNotExist Error on Windows machine

So, here is the fully explained Django TemplateDoesNotExist error with solution.

Removing below piece of code from settings.py file.

Directory stucture like :

mysites/
   manage.py
   mysites/
      __init__.py
      settings.py
      urls.py
      wsgi.py

#settings.py

...

TEMPLATES = [
    {
        'BACKEND': 'django.template.backends.django.DjangoTemplates',
        'DIRS': [''],
        'APP_DIRS': True,
        'OPTIONS': {
            'context_processors': [
                'django.template.context_processors.debug',
                'django.template.context_processors.request',
                'django.contrib.auth.context_processors.auth',
                'django.contrib.messages.context_processors.messages',
            ],
        },
    },
]

...

Add this : ‘DIRS’: [r’C:/Users/thispc/django_projects/templates’], Line number 4th.

Change : 

TEMPLATES = [
    {
        'BACKEND': 'django.template.backends.django.DjangoTemplates',
        'DIRS': [r'C:/Users/thispc/django_projects/templates'],
        'APP_DIRS': True,
        'OPTIONS': {
            'context_processors': [
                'django.template.context_processors.debug',
                'django.template.context_processors.request',
                'django.contrib.auth.context_processors.auth',
                'django.contrib.messages.context_processors.messages',
            ],
        },
    },
]