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Historical Event on 2/28/1950
The Finance Minister announces the setting up of the Planning Commission with Nehru and Nanda as Chairman and Deputy Chairman respectively.

Other Historical Dates and Events
7/24/1991	Union budget imposes all-round price hike.
7/3/1996	25 to 30\% hike in prices of petroleum products.
6/5/1995	A three-week long, the first ever Indo-US joint army training exercise begins.
1/6/1999	Shiv Sena activists dug up the Kotla pitch in Delhi with a view to prevent the Indo-Pakistan first Test which was to commence from Jan. 28.
8/9/1788	Gulam Kadir removed the eyes of Shah Alam 2nd, King of Delhi with a knife.
8/2/1935	The British pass Govt. of India Act, separating Burma, Aden from India.
7/15/1948	Establishment of 'PEPS' (Patiyala and East Punjab States Union).
10/11/1993	CBI files chargesheet against stock-broker Hiten Dalal and 3 others for defrauding Canbank Mutual Fund over Rs.102 crore.
2/15/1976	The Central Institute of Agricultural Engineering (CIAE) was established at Bhopal, Madhya Pradesh under the Indian Council of Agricultural Research, New Delhi.
2/16/1968	Beatles George Harrison and John Lennon along with their wives fly to India for transcendental meditation study with the Maharishi Mahesh Yogi.

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Historical Event on 2/28/1950 The Finance Minister announces the setting up of the Planning Commission with Nehru and Nanda as Chairman and Deputy Chairman respectively.

Historical Event on 2/28/1950
The Finance Minister announces the setting up of the Planning Commission with Nehru and Nanda as Chairman and Deputy Chairman respectively.