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Historical Event on 7/1/1991
Rupee devalued by 8.5\%.

Other Historical Dates and Events
1/1/1874	The first women magazine ""Bola Bodhini"" was published.
2/12/1996	President S.D. Sharma in Kerala.
2/12/1996	Meerabai, saint poet, passed away.
2/21/1959	Press Club of India was founded in New Delhi.
10/21/1934	Loknayak Jayprakash Narayan and his friends established the 'Congress Socialist Party' and Acharya Narendra Dev was its President and JP was its Gen. Secretary.
12/3/1790	Lord Cornwallis took away the regulation power from Nawab Murshidabad and Sadar Nizamat was removed from Adalat in Calcutta.
11/9/2000	The 17-day old Manohar Parrikar led BJP Government in Goa wins the trust vote.
3/18/1948	Socialist Party of India (SPI) disassociates itself from the Congress.
12/1/1970	T. Swaminathan was appointed as the Cabinet Secretary of India. He held this office till 02-11-1972
12/31/1956	Pandit Ravishankar Shukla, former Chief Minister of Madhya Pradesh, lawyer, politician and social worker, died at the age of 80.

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Historical Event on 7/1/1991 Rupee devalued by 8.5\%.

Historical Event on 7/1/1991
Rupee devalued by 8.5\%.