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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
12/14/1999	India lost to Australia by 285 runs in Adelaide in the first cricket Test.
10/15/1995	PM leaves for a 12-day tour of Egypt, NAM Summit at Cartagena in Columbia and 50th year United Nations celebrations at New York.
10/26/1937	Pandit Hridaynath Mangeshkar, famous music director, was born.
3/13/1878	The Vernacular Press Act was passed which subsequently made the Amrita Bazar Patrika of Calcutta an English newspaper.
9/25/1946	Bishan Singh Bedi, a former Indian cricketer was born.
5/19/1913	Neelam Sanjiva Reddy, President of India, was born.
5/4/1995	The fourth ASLV-D4 blasts off from Sriharikota, successfully placing the SROSS-C2 satellite in orbit.
11/3/1992	Premnath, hero and villan of Hindi film industry, passed away.
6/4/1959	Chakravarti Rajagopalachari opposed the Socialist Policies of Indian National Congress and founded Swatantra Party alongwith Ranga.
7/18/1996	Union Finance Ministry gives final clearance to the Enron power project in terms of issuance of counter-guarantee.

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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.

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.