San Diego Indian Community - SDIndian.com
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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
8/8/1968Abey Kuruvila, cricketer (promising Bombay fast bowler), was born in Mannar.
4/1/1947Gandhiji addresses Asian Relations Conference in Delhi.
6/28/1993A multi-millionaire industrialist, main financier of smuggler Veerappan,and 6 Veerappan-men arrested.
10/1/1904Ayillyath Kuttiari Gopalan Nambiar "A.K.Gopalan" was born in Cannanore district, north Kerala. He was a freedom fighter and leader of communist movement in Keral
3/13/1958Vallathol Narayana Menon, great freedom fighter, poet, literateur and writer,died at the age of 80.
10/29/1991Barister Waman Barlinge (Dadasaheb), great freedom fighter, former Rajya Sabha member and Chief Minister of Madhya Pradesh, passed away.
12/11/1991The centre notifies the interim order of the Cauvery Water Disputes Tribunal directing Karnataka to release 205 tmc ft of water to Tamil Nadu.
3/5/1993The government de-reserves the mining industry throwing it open to private sector as well as to foreign investment.
7/9/1951India's first Five Year Plan prepared and published. There was the first amendment to the Constitution and the first general elections were held.
1/1/1900Doordrahsan was started. Doordarshan is an autonomous public service broadcaster founded by the Government of India, which is owned by the Broadcasting Ministry of India and is one of two divisions of Prasar Bharati.