Houston Indian Community - HoustonIndian.net
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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
8/25/1997Sheikh Mirza, chieftain of a small state of Ferghana, was born in Turkmenistan.
11/3/1986Dr. Indrachandra Shastri, versatile in Sanskrit and Pali, died.
5/6/1946Bhulabhai Desai, great politician, passed away.
2/17/1994Chimanbhai Patel, chief minister of Gujrat, passed away at the age of 65 years.
6/24/1989A majority of opposition members in the Lok Sabha resign on the issue of CAG report on the Bofors gun deal.
11/7/1971India admits forces entered Bangladesh to silence artillery.
6/5/1984Operation 'Blue Star' was launched by Indira Gandhi. Indian commandos stormed into Sikh's holiest gurudwara Golden Temple in Amritsar to flush out the terrorists and other anti-government elements. Jarnail Singh Bhindranwale and over 325 people were killed in the temple. Thus a great rebel arose all over the nation and specially in Punjab.
4/4/2000A. B. Vajpayee, Prime Minister, inaugurates Samvidhan.com, a website about the Constitution. The site is a part of the Hindi portal, Webdunia.com.
5/6/1948India rejected the Security Council's plan for UN supervision over plebiscite in Kashmir.
1/18/1959Miss Meera Behn, follower of Gandhi, left India for good.