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Historical Event on 5/1/1995
SAARC endorses South Asia Free Trade Area (SAFTA) and establishes a South Asian Development Fund (SADF) for the economic and technical development of the subcontinent.

Other Historical Dates and Events
12/1/1989	National Front decides to form a government with outside support from the BJP and the Left Parties.
2/2/1949	Press Trust of India' was established.
9/29/1993	JD, JD(A) and SJP merge to fight BJP in the assembly elections.
12/28/1995	Third Indian Remote Sensing Satellite (IRS-1C), carring advanced remote sensing cameras was launched by Russian Molniya launch vehicle. It is still in service.
12/4/1910	Amar Singh Ladha Nakum, cricketer (dashing Indian all-rounder of thirties), was born at Rajkot.
2/23/1998	The Samajwadi Party candidate for the Motihari Lok Sabha seat, Mr. Devendra Nath Dubey, is shot dead at Baniarpur in Patna.
11/2/1999	BJP suffers jolt in Bihar as it fails to win a single seat it contested in the October 28 poll to four Lok Sabha seats.
6/3/1977	K. Brahmananda Reddi elected President of the Indian National Congress.
4/10/1996	The marketing of Salman Rushdie's novel 'The Moor's Last Sigh' in India was cleared by the Central govt.
10/6/1990	Justice Ranganath Mishra sworn in as Chief Justice of Supreme Court.

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Historical Event on 5/1/1995 SAARC endorses South Asia Free Trade Area (SAFTA) and establishes a South Asian Development Fund (SADF) for the economic and technical development of the subcontinent.

Historical Event on 5/1/1995
SAARC endorses South Asia Free Trade Area (SAFTA) and establishes a South Asian Development Fund (SADF) for the economic and technical development of the subcontinent.