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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 |
| 3/4/1951 | Eleven countries and 489 male and female athletes participated in the first Asian Games started at National Stadium in New Delhi. |
| 4/14/1998 | Kushabhau Thakre is declared elected BJP president. |
| 4/27/1748 | Muhammad Shah, Mughal emperor, passed away and was succeeded by his son Ahmad Shah. |
| 9/3/1999 | India launches a new phase of military modernisation after the Kargil conflict. |
| 9/12/1993 | Former Chief Minister of Gujarat Hitendra Desai died. |
| 6/23/1971 | Sriprakash, freedom fighter, prolific writer and member of the AICC, passed away. |
| 10/6/1779 | Elphinston, historian and administrator of Mumbai province, was born. |
| 1/17/1913 | Yadvendra Singh, HH LtG. Maharaja of Patial, cricketer (scored 24 & 60 in only Test India vs England), was born in Patiala, Punjab. |
| 8/21/2000 | Mahatma Gandhi's daughter-in-law Mrs. Nirmala Gandhi dies in Wardha. She was 91. |
| 4/26/1990 | V. R. P. Menon, an Air Force Engineer, broke the world record in Chandigargh. |
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