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Historical Event on 8/7/1998
The Government announces a banking and foreign exchange package for development of the information technology and software industry following the recommendations of the National Task Force.
| Other Historical Dates and Events |
| 2/19/1994 | IRBM Agni Missile test fired successfully for the third time. |
| 7/19/1990 | Planning Commission decides to make changes in the Gadgil formula for central assistance to States in consultation with states. |
| 7/2/1999 | Sahara India, sponsor of the Sahara Cup annual cricket series between India and Pakistan in Canada, withdrew sponsorship in view of the Kargil conflict. |
| 7/1/1985 | Air Chief Marshal L M Katre, PVSM, AVSM and Bar, died in office. |
| 7/31/1974 | B. S. Chawla was appointed as the Narcotics Commissioner of India. He headed this office till 15-08-1974. |
| 7/2/1972 | Shimla Treaty' was singed between Indian Prime Minister Indira Gandhi and her Pakistani counterpart Zulfikar Ali Bhutto. |
| 5/13/1994 | Telecom sector opened to private companies under the new national policy announced in Parliament. |
| 12/8/1998 | An Indian film, 'The Terrorist' wins all top awards including the Golden Pyramid award for the best film at the 23rd Cairo International Film Festival. Santosh Sivan gets the best director award, while its actress Ayesha Dharker bags the best actress award. |
| 5/1/1923 | Under the leadership of Singaravelu Chettiar, the first May day was celebrated in India. |
| 5/26/1998 | S. Chandrasekar, scientist, was selected for the Niels Bohr-UNESCO gold medal. |
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