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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
7/25/1982	Gyani Zail Singh became 7th President of India. He held the office till July 25, 1987.
8/1/1998	The DMK condemns the BJP-led coalition Government's decision to set up a Multi-Disciplinary Monitoring Agency and rejects the Action Taken Report on the final report of the Jain Commission with reference to Mr. M. Karunanidhi.
1/31/1949	Maharajas of Baroda and Kolhapur decide to merge their states with Bombay.
10/3/2000	Prime Minister Atal Behari Vajpayee buys peace with the Trinamool Congress chief Mamata Banerjee by agreeing to a partial rollback of the hike in prices of petroleum products.
8/26/1997	Commander of Uri sector Brigadier Jasbir Singh Lidder and another senior army officer have a narrow escape as Pakistani troops fire on their cavalcade at Chakori near LOC in J&K.
11/10/1960	B. N. Jha was appointed as the Cabinet Secretary of India. He held this office till 08-03-1961
4/30/1998	Anna Hazare, social worker, was awarded the CARE International humanitarian award for 1998.
12/10/1978	Mother Teresa is awarded the Nobel Peace prize.
6/23/1985	Air India Jumbo Jet Boeing 747 'Kanishka' which was travelling to Mumbai from Montreal crashed into the Atlantic Ocean after explosion near Ireland. 329 people on board died.
6/8/1906	Syed Nazir Ali, cricketer (bro of Wazir Ali, India's 1st Test 1932), born at Jullunder.

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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.