New Jersey Indian Community - NewJerseyIndian.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
10/2/1910Frank C. Brown, educationist and social worker, was born.
1/9/1889Dr. Vrindavanlal Varma, famous Hindi writer and social reformer, was born in Jhansi. He mainly wrote historical and social novels, most famouse being ""Mriganainee"".
5/19/1904Jamshedji Nasarvanji Tata, famous industrialist and father of modern technology, passed away at Nauheim, Hesse-Nassau, France. He commenced cotton mills in Bombay and Nagpur and founded the Tata Iron and Steel Company, which is one of the largest integrated steel mills in the world.
8/6/1932Ramsay McDonald came out with his 'Communal Award' to fix seats for the various communities in the provincial legislatures.
8/10/1989Panchayatraj' and 'Nagarpalika' bills were passed in Parliament's Lok Sabha.
5/7/1990Government of India bans strikes in any service in any oil field or refinery under the Essential Services Maintenance Act.
11/7/1936Chandrakant Devtale, famous Hindi poet, was born.
4/1/1947Gandhiji addresses Asian Relations Conference in Delhi.
3/24/1977Ban on RSS and 26 other organisations lifted.
8/15/1918Hans Kumar Tiwari, famous poet and translater, was born.