Wisconsin Indian Community - WIIndian.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
6/5/1896Muhammad Ismail Sahib, president of the Madras State Muslim League and freedom fighter, was born at Pettai, Tamil Nadu. He was the member of Rajya Sabha as well as Lok Sabha.
9/17/1938Dilip Purushottam Chitre, famous Marathi poet, story writer, critic and Sahitya Academy awardee, was born.
1/1/1981Colaba District renamed as Raigad District.
2/21/1952General Election ( 1st) of India ends.
5/15/1997Yaseen Malik, All-Party Hurriyat Conference leader, was released from Tihar jail.
7/18/1946U.K. Parliament approves British Cabinet mission report on India but Churchill says that the mission went too far in offering India independence outside of the Commonwealth.
2/4/1946Dr. Satnarayan Nathulal Jatiya was born in Jawad, Distt. Mandsaur (Madhya Pradesh).
8/1/1899Kamala Nehru, wife of Pandit Jawaharlal Nehru, great revolutionary freedom fighter and social worker, was born.
12/25/1771Shah Alam II sat on the Throne of Dehli. Marathas captured Delhi and induced Shah Alam to return to Delhi after an absence of 18 years from the captial.
8/18/1900Vijayalakshmi Pandit, first woman President of U.N.O. General Assembly, was born.