Austin Indian Community - AustinIndian.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
5/19/1993Government decides to merge Vayudut with Indian Airlines.
10/6/1963Baba Kharak Singh, freedom fighter and grand old man of Punjab, died.
3/1/1914Minto Gilbert Jhon Alieat, former viceroy of India, passed away.
3/1/1914Jesuit father and first Englishman S.J.Thomas Stephens arrived at Goa in a Portuguese ship. He settled here and died in 1619.
12/1/199217 ministers of the BJP government in Rajasthan quit for the 'Karseva' at Ayodhya.
5/23/1947The U.K. Cabinet today took the historic step of agreeing to Lord Mountbatten's proposal for the partition of India into two states, one Muslim and the other Hindu. The Viceroy is to have a series of talks with Lord Listowel, the Secretary for India.
6/1/1992Dr. Babasaheb Ambedkar Academy established at Satara.
11/18/1978Dhirendra Ganguly, film maker, writer, director and actor, passed away.
12/12/1964Maithili Sharan Gupta, famous Indian poet, Hindi litterateur, writer, social worker, patriot and Padma Bhushan awardee, died.
9/6/1774British Government supported Peshwa Raghunath Rao to re-conqure Pune.