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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
3/19/1999	Salgaocar emerged National Football League champions in Calcutta with a match to spare.
8/28/1997	Election Commission orders that no convicted person will be allowed to contest elections even if an appeal against the conviction was pending in a higher court.
8/13/1943	Chintamanrao Deshmukh was first Indian to be appointed Governor of Reserve Bank.
10/16/1983	Harish Chandra, great Indian scientist, died. His work in a narrow branch of modern mathematics led to its developement to such an extent that it drew the attention of mathematicians all over the world.
5/14/1999	Gurucharan Singh Tohra is expelled from Shiromani Akali Dal.
12/12/1999	No transparency in judicial appointments, says Justice Kuldip Singh, retired judge of the Supreme Court.
3/22/1739	Nadir Shah entered Delhi. He gave the signal to one of his soldiers from Sunheri mosque.
3/22/1991	President withholds assent to the pension bill of Members of Parliament.
5/19/2000	A `civil coup' in Fiji ousts the first ethnic Indian Prime Minister Mahendra Pal Choudhary. President Ratu Sir Kamisese Mara proclaims a state of emergency.
11/24/1932	The Third Round Table Conference ended in London. As Gandhi was in prison because of his civil disobedience movement he could not attend it. This conference ended without achieving anything.

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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).

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).