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Historical Event on 8/25/1997
Cabinet approved the draft of the Foreign Exchange Management Act (FEMA) which was to replace the Foreign Exchange Regulation Act (FERA).
| Other Historical Dates and Events |
| 6/21/1948 | C. Rajagopalachari was appointed the first Indian Governor General of Indian union (21/06/1948-25/01/1950). After January 25, 1950, this post was abolished. |
| 12/19/2000 | The Government suffers an embarrassing defeat with the Rajya Sabha adopting a motion recording its ""disagreement'' with the Prime Minister for defending three of his Cabinet colleagues charged in the Babri Masjid demolition case. |
| 10/12/1993 | RBI liberalises credit and monetary policy. |
| 2/15/1936 | Nabin Chandra Bardoloi, freedom fighter, passed away. He was known for his patriotism and zeal for constructive work and was a forceful and emotional orator and debater and an eminent writer in Assamese litrature. He was also a musician and composed good number of patriotic poems and songs. |
| 7/20/1969 | M. Hidayatullah became the first acting President of India. |
| 10/22/1999 | The Prime Minister warns of more 'hard decisions'. |
| 6/8/1915 | Geeta Rahasya', written by Lokmanya Tilak, published. |
| 7/15/1917 | Tukaram Tanaji Sawant, educationist and famous Hindi writer, was born at Pokharam, (Maharashtra). |
| 10/30/1991 | Norberto Carvalho, vetern freedom fighter of Goa freedom fight, passed away. |
| 9/12/1686 | Aurangzeb ended Adilshah's kingdom. The garrison lost heart and surrendered Sikandar who was sent to the state prison at Daulatabad. Bijapur was invested and the city opened its gates to the Mughals. Bijapur as an independent kingdom ceased to exist. |
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