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Historical Event on 8/9/1996
Unofficial estimates put black money in the country at Rs. 70,000 crore, i.e. 6\% of GDP.

Other Historical Dates and Events
12/31/1993	Manipur placed under President's rule; Bangarappa launches Karnataka Congress Party.
6/22/1993	Ordinance to amend Consumer Act was issued; Government doctors and hospitals were kept out of its ambit.
9/2/1918	Datta Deshmukh, water expert and President of `Lalnishan Party', was born.
8/8/1946	India agrees to give Bhutan 32 miles.
2/1/1929	Jyotirbhaskaracharya Jayant Salgaonkar was born.
2/1/1942	No. 4 Squadron of the IAF was born in the war at Peshawar. The Squadron was first equipped with Lysander aircraft. The Second World War was in its third year and Japanese forces were advancing towards India's eastern frontiers.
6/6/1890	Gopinath Bardoloi, architect of modern Assam, freedom fighter and leader, was born.
9/6/1657	Shahjahan fell ill. His four sons Dara Shikoh, Suja, Aurangzeb and Murad advanced towards Delhi to capture the throne.
5/23/1923	Nirode Ranjan Chowdhury, Indian cricket pace bowler (1949-52), was born in Calcutta.
9/30/1996	Phase I assembly elections in Uttar Pradesh.

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Historical Event on 8/9/1996 Unofficial estimates put black money in the country at Rs. 70,000 crore, i.e. 6\% of GDP.

Historical Event on 8/9/1996
Unofficial estimates put black money in the country at Rs. 70,000 crore, i.e. 6\% of GDP.