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Historical Event on 2/28/1950

The Finance Minister announces the setting up of the Planning Commission with Nehru and Nanda as Chairman and Deputy Chairman respectively.

Other Historical Dates and Events
8/15/1925Sadashiv Pandurang Jantre, great freedom fighter and social worker, was born .
10/26/1890Martyr Ganesh Shankar Vidyarthi was born at Allahabad. He was also the editor of revolutionary weekly 'Pratap'.
3/3/1931Gandhi and Viceroy Irwin sign Delhi Pact giving Indians right to make salt if civil disobedience stops.
12/25/1879Sadhu T.L. Vaswani (1879-1966), altruistic Sindhi poet and servant of God, who found several Hindu missions in India and seven Mira Educational Institutions in his lifetime, was born.
4/18/1992Russia suspends transfer of rocket technology to India.
3/14/1931First Indian talkie film 'Alam Ara' released at Majestic Cinema, Bombay. Directed by Ardeshir Irani, the film was 11,152 ft. long and was produced by Imperial Film Co., Bombay and beared censored No. 10043 on March 11. The most remarkable thing about this film was birth of sound in Indian films, it came with a bang and quickly displaced the silent movies and brought revolutionary changes in the whole set up of the industry.
5/24/1956Gautam Buddha's 2500th birth anniversary was celebrated.
1/25/1983Telugu Desam swept to power in Andhra Pradesh.
12/20/1920Justice Ali Sayyed Murtuza Fazal  was born.
5/8/1992Eighth Plan outlay increased to Rs. 7,98,000 crores; Public Sector outlay goes up to 45\%.