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Historical Event on 1/16/1992
Prices of steel and iron decontrolled.
| Other Historical Dates and Events |
| 1/1/1973 | Indian General Insurance Corporation nationalised. |
| 7/21/1947 | Indian Constitution Assembly accepted the tricolour flag as its National Flag. This flag is with three equal horizontal stripes of Saffron (Sacrifice), White (Truth) and Green (Prosperity) and a Chakra is superimposed on white (Dharma Chakra on the capitol of Ashoka's Pillar at Sarnath) in blue colour having 24 spokes. The ratio of the width to length is two to three. |
| 4/20/1914 | Gopinath Mahanti, famous Oriya novelist and Gyanpeeth awardee, was born. |
| 7/20/1957 | India's biggest sheet-glass manufacturing factory formally opened in Hazaribagh, Bihar. |
| 6/30/1930 | George Fernandes, worker's leader and politician, was born. |
| 5/20/1677 | Chhatrapati Shivaji Maharaj won the fort of Jingi. |
| 1/24/1966 | Gulzarilal Nanda stepped down from the position of acting Prime Minister of India. He held his position till January 11, 1966 (Acting). |
| 12/4/1973 | Mohan Rakesh, famous modern Hindi dramatist, novelist and story writer, passed away. |
| 7/22/1702 | The ""English Company of Merchants"" and the old East India Company was named the United Company of Merchants of England Trading to the East Indies"". In1833, this name finally changed to East India Company. |
| 7/25/1987 | Giani Zail Singh (1916-1994) retired from the post of seventh President. |
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