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Historical Event on 5/1/1995
SAARC endorses South Asia Free Trade Area (SAFTA) and establishes a South Asian Development Fund (SADF) for the economic and technical development of the subcontinent.

Other Historical Dates and Events
11/17/1986	SAARC Summit at Bangalore decides to set up permanent secretariat at Kathmandu; India elected new Chairman.
2/24/1957	General Election ( 2nd) of India begins.
2/25/1884	Ravishankar Maharaj, freedom fighter and national leader of the country, was born at Radhu village of Kaira District.
4/15/1950	Acharya Vinoba Bhave requested to the villagers of Panchampalli Telangana, Andhra Pradesh to give 80 acres of land, and with this he had started his 'Bhudan Andolan'.
3/28/1996	JKLF declared unlawful by central govt.
10/18/1995	Punjab CM Harcharan Singh Brar inducts All India Youth Congress President Maninderjit Singh Bitta in to the cabinet.
1/27/1999	P. Krishnamurthy, former Indian wicketkeeper, died in Hyderabad following a cardiac arrest.
1/21/1922	Juda Reuben, cricket Test umpire for 10 tests from 1969-77, was born in Mumbai.
4/13/1948	Bhuvaneshwar became the capital of Orissa.
3/26/1972	The first International Sanskrit Conference was held by President V.V Giri.

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Historical Event on 5/1/1995 SAARC endorses South Asia Free Trade Area (SAFTA) and establishes a South Asian Development Fund (SADF) for the economic and technical development of the subcontinent.

Historical Event on 5/1/1995
SAARC endorses South Asia Free Trade Area (SAFTA) and establishes a South Asian Development Fund (SADF) for the economic and technical development of the subcontinent.