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Historical Event on 8/9/1996
Unofficial estimates put black money in the country at Rs. 70,000 crore, i.e. 6\% of GDP.

Other Historical Dates and Events
6/30/1968	Makhanlal Chaturvedi, famous journalist and litterateur, passed away.
3/29/1942	Britain offered dominion status to India after the war if it cooperated now.
3/29/1942	Zahir Al-Din Muhammad Babur Shah (1526-30), prince and founder of Mughal dynasty in India, was born.
9/27/1977	Sanjiva Reddy was elected Speaker of the Lok Sabha. Government revokes the external emergency promulgated on December 3, 1971.
11/7/1950	King Tribhubana Bir Bikram of Nepal flees palace for refuge in Indian Embassy at Kathmandu.
5/4/1992	India and Russia sign a five-year agreement on trade and economic cooperation.
7/12/1896	Dangambarrao G. Bindu, politician and father of Hydrabad Liberation Party, was born.
4/1/1920	S. Bhattacharya, cricket Test Umpire for 2 tests from 1963-70, was born in Delhi.
4/22/1991	IMF and the World Bank decide to grant $1 billion loan to India.
11/24/1919	Gandhiji presides over All-India Khilafat conference at Delhi.

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Historical Event on 8/9/1996 Unofficial estimates put black money in the country at Rs. 70,000 crore, i.e. 6\% of GDP.

Historical Event on 8/9/1996
Unofficial estimates put black money in the country at Rs. 70,000 crore, i.e. 6\% of GDP.