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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 |
| 5/22/1927 | Nihal Ahmed Maulavi Mo. Usman, leader in Maharashtra, was born. |
| 4/3/1992 | Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited (CIL), was formed. |
| 3/21/1973 | Yashwant Ramkrishna Date, great Marathi dictionary creator, passed away. |
| 3/24/1946 | British Cabinet Mission came to India presided by Lord Pethick Lawrence. |
| 1/1/1989 | Dinkar Sakrikar, editor of monthly magzine 'Purva' and socialist, passed away. |
| 12/31/1923 | Vishnu Dayal Jhunjhunwala, great industrialist, was born at Kanpur. |
| 3/16/1946 | India calls Attlee's independence offer contradictory, 'a propaganda move'. |
| 11/11/1947 | Temple of Vithoba in Pandharpur opened for Harijans. Ganpatrao Tapase was the first harijan to enter the temple. |
| 11/19/2000 | Dr. M.S. Swaminathan, agriculture scientist, gets the Indira Gandhi Prize for Peace, Disarmament and Development for 1999. |
| 8/30/1983 | Indian National Satellite (INSAT-1B) launched. This was also a multi-purpose communication and meteorology satellite, which served for more than its design life of seven years. It was launched by a US Space Shuttle. |
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