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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 |
| 12/12/2000 | A special court for CBI cases rejects Hinduja brothers' plea and summons them to appear on January 19, 2001. |
| 4/19/1996 | AIDS deleted from the list of contagious diseases in the Railway Act of 1989. |
| 10/6/1997 | I. K. Gujral, PM, begins visit to South Africa, which was the first ever by an Indian Prime Minister. |
| 1/21/1963 | Acharaya Shivpujan Sahai, famous Hindi writer, poet and novelist, died. He was editor of Hindi journals like ""Marwari Sudhar"", ""Samanwaya"", ""Adarsh"" etc. He wrote 400 short stories and 67 biographies. His novel ""Dehati Dunia"" is acclaimed as first regional novel in Hindi. |
| 1/9/1889 | Dr. Vrindavanlal Varma, famous Hindi writer and social reformer, was born in Jhansi. He mainly wrote historical and social novels, most famouse being ""Mriganainee"". |
| 12/27/1992 | The Central government decides to acquire the disputed area in Ayodhya. |
| 4/16/1997 | G. Kishenchand, former Indian Test cricketer, died. |
| 2/12/1960 | Chinese army kills 12 Indian soldiers. |
| 3/14/1990 | Akash' missile tested successfully. |
| 3/26/1996 | The 3-day old Hazratbal shrine crisis ends, as the militants holed up in the shrine come out of it. |
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