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Historical Event on 4/22/1991

IMF and the World Bank decide to grant $1 billion loan to India.

Other Historical Dates and Events
6/7/1996Sq. Ldr. Sanjay Thapar of IAF becomes the first Indian to jump from a parachute and hoist the national flag at the North Pole.
8/16/1997Krishan Kant, Andhra Pradesh's Governor, elected as the Vice President of India.
10/28/1997Dr. V. Doreswamy Iyengar (77), Veena maestro, household name among Carnatic music lovers, passed away in Bangalore.
11/7/1893Constantly Lievens, Flemish missionaries in India, passed away at the age of 37.
9/29/1836Chamber of Commerce and Industry was established in Madras
12/12/1965Vijayanta, first India-made millitary tank which was handed over to the Army, was manufactured at Avadi Heavy Vehicles Factory at Madras.
6/4/1997Indian National Satellite (INSAT-2D), fourth satellite in INSAT-2 series, launched. This has additional capabilities such as mobile satellite service, business communication and television outreach beyond Indian boundaries. This became inoperable due to power bus anamoly since Oct. 4, 1997. It was launched by European launch vehicle, Ariane from Kourov in French Guyana.
4/15/1901Balakrishna Janardan Mohoni, cricket Test Umpire for 11 Tests from 1948-57, was born in Maharashtra.
9/24/1992India's Leander Paes defeats Britain's Jeremy Bates in the Davis Cup tie in New Delhi.
7/29/1994Opposition stalls parliament proceedings over the 'Action Taken Report' on JPC finding.