The famous Purandar treaty signed between Britishers and Marathas.
Morarji Ranchhodji Desai, fourth Prime Minister of India and recipient of Bharat Ratna, was born at Bhadeli village near Bulsar in Gujarat. He was former Chief Minister of Bombay Province.
Rukmini Devi, renowned Bharat Natyam dancer, was born in a South Indian family with a tradition of culture and scholarship. She was nominated to Rajya Shabha in 1952 and introduced the Bill for the “”Prevention of Cruelty to Animals”
Shrachandra Dayarnav Kopardekar, editor, author and publisher, was born.
Rupee made partly convertible and Income Tax rates reduced in the Union budget.
Government lifts curbs on many consumer goods imports in a move to liberalise imports.