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Historical Event on 5/14/1994

RBI announces tight monetary policy.

Other Historical Dates and Events
10/6/1913V. R. Kant, famous poet, was born.
4/2/1970Meghalaya, an autonomous hilly state, was established after dividing the hilly areas of Assam.
8/9/1965Pakistan chose to persist while the Indian Army Corps on the ceasefire line got down to neutralizing the Gibraltar Force. As a first step, main infiltration routes were blocked and Pakistan was forced out of the Haji Fir bulge (known to them as Bedori).
12/15/1999Yashwant Sinha, Finance Minister, arrives in Berlin to attend G-20 meet.
1/18/1968The Resolution on Official Languages was passed by both the houses of the Parliament wherin the need to formulate a more intensive and comprehensive programme for the progressive use of Hindi for Official purposes, preparing annual assessment report for reviewing the progress, formulating a programme for the co-ordinated development of the other languages included in the 8th schedule alongwith Hindi, adopting of a tri-langual formula, making the knowledge of either Hindi or English compulsory for recruitment to the services of the Union, and inclusion of all the languages of the 8th schedule of the Constitution and English as the optional medium for the exams conducted by the union Public Service Commission at the appropriate time, has been stressed.
6/17/1973Leander Vece Paes, tennis player who singles bronze at Atlanta Olympics (1996), was born. He was also a winner of French Open in 1999, Gold Flake Open, Newport 1998, Wimbledon 1999 (doubles and mixed doubles).
10/29/1999The Anubhav Group chairman C. Natesan was arrested by the Mumbai Police on alleged charges of duping investors to the tune of Rs. 1.16 crore.
7/14/1856Gopal Ganesh Agarkar, great social worker, was born.
6/22/198219 persons were killed and 25 injured when an Air India Boeing 707 from Singapore via Madras crashed at Bombay.
2/6/1992The Centre decides to wind up the 7-year-old Food Processing Industry ministry.