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Historical Event on 5/1/1987
The Bofors Deal.

Other Historical Dates and Events
4/1/1882	Savings Bank Postal system was introduced.
9/29/1996	Water from Krishna river (AP) released for Madras.
3/25/1996	31st Gyanpith award presented to M.T. Vasudevan Nair at Trivandrum by Dr. Karan Singh.
5/28/1963	Estimated 22,000 die in another cyclone in Bay of Bengal (India).
11/21/1947	First Stamp of Independent India was released
1/8/1968	The Official Languages Act, 1963 was amended. Accordingly, a provision was made in Section 3 (4) of the Act of the effect that employees of the Union Government proficient either in Hindi or in English may carry out their work effectively and that their interests may no be adversely affected merely because they are not proficient in both the languages. According to Section 3 (5), it is necessary for bringing to an end the use of English language for the Official purposes of the union that resolutions to this effect are passed by the legislatures of the states (i.e. states where Hindi is not the Official Language) and after considring these resolutions, a resolution is passed by both the houses of the Parliament to put an end to the use of English language.
11/18/1948	Nearly 500 people were drowned when the ferry steamer Narayan River capsized and sank in the Ganga near Patna.
12/26/1989	India debars Bofors from future contracts until they come out clean.
8/26/1874	Ishwar Sharan Munshi, politician and philosopher, was born.
7/1/1984	Ravishankar Maharaj, freedom fighter and national leader of the country, died at the age of 101.

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Historical Event on 5/1/1987 The Bofors Deal.

Historical Event on 5/1/1987
The Bofors Deal.