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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 |
| 7/14/1963 | Swami Shivanand Saraswati, religious leader, passed away. |
| 4/5/1950 | Spurred by recent clashes in East and West Bengal between Muslims and Hindus, Indian Prime Minister Jawaharlal Nehru and his Pakistani couterpart Ali Khan today reached agreement on a ""Bill of Rights for Minorities"". This bill included a provision for ""drumhead justice,"" or summary justice to persons convicted of violating minority rights. |
| 9/25/1927 | Jagmohan Amirchand was born in Hafizabad (now in Pakistan). |
| 2/25/1897 | Dr. Amarnath Jha, educationist, was born. |
| 7/12/1996 | Bail granted to Harshad Mehta, prime accused in the securities scam. |
| 10/20/1905 | Mohansing Mahir, famous modern Punjabi poet, was born. |
| 1/1/1967 | Day's play in the Calcutta Test vs West Indies cancelled by riots. |
| 3/29/1857 | Sepoy Mangal Pandey shot the first bullet of 1857 Indian mutiny in the barracks of Barrackpur near Calcutta against British Empire. This was the starting of the mutiny. |
| 1/8/1999 | Farah Khan made it a double, adding the National ladies snooker title in Delhi. |
| 4/5/1993 | The Left and Democratic Front earns two third majority at the Tripura Assembly elections. |
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