General Events of 25-August-1997 -10Cabinet approved the draft of the Foreign Exchange Management Act (FEMA) which was to replace the Foreign Exchange Regulation Act (FERA).

22 Dec, 2024

List of General Events on 25-August-1997

25- August-1997	10,000 people residing in low lying areas in Gujarat shifted to safer places following incessant rains for two days. Death toll mounts to 265.
25- August-1997	Cabinet approved the draft of the Foreign Exchange Management Act (FEMA) which was to replace the Foreign Exchange Regulation Act (FERA).