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Historical Event on 2/27/1999
Union Budget presented. Fiscal deficit cut to 4.4 per cent.

Other Historical Dates and Events
9/5/1957	Wealth Tax Bill passed in Rajya Sabha.
2/24/1936	Laxmibai Tilak, famous marathi poet, passed away.
11/16/1958	India and U.S.S.R. sign trade agreement to exchange Soviet industrial and agricultural equipment for farm commodities at Moscow.
5/16/1995	Government of India decides not to extend the validity of TADA Act.
5/16/1995	Firuz Shah Bahmani died.
5/17/1992	Import of 106 life-saving drugs and 37 equipments allowed.
5/17/1992	Amir Timur of Timur Lang invaded India with 92 squadrons of horses and 90,000 cavalry and reached the banks of Sindhu river near Atak city (now in Pakistan). He then attacked Delhi because its Muslim Sultanate was too tolerant of Hindu idolatry. A Mongolian follower of Sufism, he was one of the most ruthless of all conquerors. Timur crossed the Indus River at Attock (now in Pakistan) on 24 September 1398.
1/25/1948	French India Peoples' Convention, Pondicherry, passed a resolution for complete merger of the French India with the Dominion of India. - G. V. Mavlankar was elected the first Speaker of the Indian Parliament.
11/30/1990	Admiral Laxmi Narayan Ramdas takes over as Chief of Naval Staff.
1/26/1950	India is proclaimed a Sovereign Democratic Republic ceasing to be a British dominion and adopted Indian Constitution which came into force.

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Historical Event on 2/27/1999 Union Budget presented. Fiscal deficit cut to 4.4 per cent.

Historical Event on 2/27/1999
Union Budget presented. Fiscal deficit cut to 4.4 per cent.