Atlanta Indian Community - AtlantaIndian.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
12/23/1944U C Joshi, cricketer (Sussex off-spinner 1970-74 from India), was born.
8/19/1927Ananta Narsinha Naik, social reformer and politician, was born at Bandora, Goa.
5/26/1945Vilasrao Dagdojirao Deshmukh, leader in Maharashtra, was born.
11/28/1956Chou En- lai, Chinese Prime Minister, came to India.
10/15/1977The Congress party denies bid by Indira Gandhi to regain leadership.
7/7/1946Gandhiji addressed the A.I.C.C. meeting at Bombay; Congress accepted the Cabinet Mission plan of May 16.
3/17/1997A Delhi court sentences former Union Minister Kalpnath Rai to 10 years RI.
2/10/1916Revolutionary Sohanlal Pathak hanged.
7/13/1990Boby Talyarkhan, famous sports critic and author, died.
5/8/1990A 255 kmph cyclone lashes Andhra Pradesh coast causing heavy losses to life and property.