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Historical Event on 1/7/1994
Malhotra Committee recommends privatisation and foreign participation of LIC and GIC.

Other Historical Dates and Events
2/8/1959	The Report of the Committee of Parliament constituted under Article 344 (4) of the constitution was submitted to the President.
5/20/1991	General Election (10th) of India begins.
4/24/1972	Jamini Roy, Padmabhushan awardee and famous painter, passed away.
11/12/1990	Uttar Pradesh Government raises the reservation for Backward Classes in direct recruitment to State Services from 15 to 27 per cent.
6/25/1998	Sikh high priests exonerate the Akali Dal leader and chief of the Shiromani Gurdwara Parbandhak Committee, Gurcharan Singh Tohra, of charges of violating a ``Hukumnama'' (religious edict) issued by the Akal Takht, which prescribed a complete boycott of the members of the Nirankari missions for their ''blasphemous'' activities.
9/25/1997	India clinches the Red & White Latif Masters International Snooker title in Karachi.
10/23/1934	Gandhi resigns as leader of the All India Congress.
1/14/1994	Marathwada University renamed as Dr. Babasaheb Ambedkar Marathwada University.
11/17/1915	Vishnu Gopal Pingle was hanged for revolting against the Indian Army in Talegaon prison of Pune.
10/13/1999	Janata Dal (United) snap ties with the BJP in Karnataka

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Historical Event on 1/7/1994 Malhotra Committee recommends privatisation and foreign participation of LIC and GIC.

Historical Event on 1/7/1994
Malhotra Committee recommends privatisation and foreign participation of LIC and GIC.