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Historical Event on 11/16/1995
The Pension scheme ordinance for 18 million Provident Fund subscribers takes effect with an initial corpus of Rs. 85.00 billion.

Other Historical Dates and Events
10/16/1990	Dr. Nelson Mandela, conferred with 'Bharat Ratna', the highest civilian honour.
2/22/1982	South-South Conference opens in New Delhi.
12/17/1970	Judge Jayantilal Chhotalal Shah became the Chief Justice of India. He helded this office till 21/01/1971.
1/7/1988	Mrs. Janaki Ramachandran sworn in as CM of Tamil Nadu.
5/28/1963	Estimated 22,000 die in another cyclone in Bay of Bengal (India).
5/4/1993	Income Tax exemption limit raised to Rs.30,000; Customs duty on certain drugs reduced.
10/31/1997	Balmiki Prasad Singh takes over as Union Home Secretary. He succeeds K. Padmanabhaiah.
8/1/1879	Achyut Balwant Kolhatkar, famous litterateur and journalist, was born.
5/23/1967	South Gujrat University was established.
3/31/1994	Argentina President Carlos Menem visits India.

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Historical Event on 11/16/1995 The Pension scheme ordinance for 18 million Provident Fund subscribers takes effect with an initial corpus of Rs. 85.00 billion.

Historical Event on 11/16/1995
The Pension scheme ordinance for 18 million Provident Fund subscribers takes effect with an initial corpus of Rs. 85.00 billion.