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Historical Event on 7/5/1992
Centre scraps octroi in Union Territories.
| Other Historical Dates and Events |
| 5/1/1987 | The Bofors Deal. |
| 11/29/1988 | Rajiv Gandhi, grandson of Jawaharlal Nehru, resigned as Prime Minister of India, a country which had been ruled by his family for all but five of its 42 years of independence. The end of the dynasty came after elections that were both violent and inconclusive, neither Gandhi's Congress party nor the opposition National Front received a clear majority, although the latter had a few more votes. The only real winner was the fundamentalist Hindu party, Bharatiya Janata, which is now the power broker. If the National Front wants to rule, its leader V.P. Singh needs the religious group's support. |
| 1/25/2000 | The Centre begins the process of privatising the country's domestic carrier, Indian Airlines, and also approves the sale of majority equity in Modern Foods India Limited. |
| 2/25/1884 | Ravishankar Maharaj, freedom fighter and national leader of the country, was born at Radhu village of Kaira District. |
| 11/29/2000 | India strikes a counter-trade oil deal with Iraq as part of an effort to build a strategic relationship with Baghdad. |
| 9/28/1993 | Gas pipe below Karakas National Highway exploded claiming 58 lives. |
| 1/18/1985 | Spy ring cracked. Top Government officials, businessmen held. |
| 2/22/1994 | Punjab brought back to international air map after 10 years with the introduction of flights to 8 countries from Amritsar Rajasansi Airport. |
| 4/29/1979 | Raja Mahendra Pratap, great revolutionary freedom fighter, passed away in New Delhi at the age of 93. |
| 8/19/1910 | Sister Alphonsa, teacher and social worker, was born at Kudamaloor, Kerala. |
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