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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
3/23/1942	Second World War was turning against the British and they needed the help of the Indians. So Prime Minister Churhill sent a delegation under Sir Stafford Cripps (Cripps Mission) to hold talks with the Indian leaders on the future of the subcontient in UK, which could not take place because of the non-cooperation movement and they left after a fortnight. They submitted their report in April 1942 which was rejected by the Congress and Muslim League.
9/8/1962	Chinese army infiltrated in the north-east border of India exceeding the Mac-Mahon line (Tibet-India boundary). This was the first ocassion of Chinese infiltration.
3/23/1992	G. S. Dhillon, former speaker of Lok Sabha, passed away.
11/11/1998	India objects to Washington's discrimination in easing sanctions against New Delhi and Islamabad, clamped in the wake of the nuclear tests by the two countries.
9/27/2000	Gurucharan Singh goes down fighting to Andri Fedtchouk of Ukraine in the 81 Kg bout of the Olympics boxing.
3/4/1906	Hakim Abdul Majid started his medial dispensary under the name of Hamdard Dawakhana at Delhi.
4/23/1968	Bade Gulam Ali Khan, famous ghazal singer, passed away.
4/18/1993	BJP issues white paper on Ayodhya.
5/7/1991	Haryana beat Bombay in the cricket Ranji Trophy final by 2 runs.
5/7/1991	Amir Timur left Delhi. He took the title 'Emperor of India' and recrossed the Indus on March 11.

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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.