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Historical Event on 1/7/1994
Malhotra Committee recommends privatisation and foreign participation of LIC and GIC.

Other Historical Dates and Events
11/27/1778	Joseph Lin flew upto 2,286 meters high with the help of a baloon.
3/14/1992	NTR expels Upendra and six others from Telegu Desam Party.
8/14/1896	Gandhiji published ""The Green Pamphlet"" at Rajkot and then toured to Bombay, Madras, Poona and Calcutta educating Indians in regard to grievances of South African Indians.
4/27/1994	Supreme Court strikes down section 309 of the Indian Penal Code(which makes suicide a punishable offence)- violative of Article 21.
12/6/2000	The Supreme Court gives a clean chit to former Prime Minister P. V. Narasimha Rao upholding the trial court's order, and discharging him and former Union Minister K.K. Tewary from the 'St.Kitts forgery case'.
12/6/2000	Babur Shah was declared as the Emperor of Dehli.
3/9/1993	AIADMK severs alliance with the Congress in Tamil Nadu.
11/29/1928	Krishnaji Narayan Aathaly, great Marathi litterateur and editor, passed away.
4/19/1975	First Indian Satellite ''Aryabhata'' launched. The Satellite provided technological experience in building and operating a satellite system. It was launched by Russian launch vehicle Intercosmos.
12/13/1955	India and the USSR affirm the Panchsheel.

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Historical Event on 1/7/1994 Malhotra Committee recommends privatisation and foreign participation of LIC and GIC.

Historical Event on 1/7/1994
Malhotra Committee recommends privatisation and foreign participation of LIC and GIC.