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Historical Event on 6/13/2000

Yashwant Sinha, Finance Minister, announces a one-time settlement of outstanding loans below Rs. 10 crores in a move aimed at ridding the public sector banks of Rs. 51,000 crores of bad loans.

Other Historical Dates and Events
11/8/1919Madan Theatres Ltd. was founded under a Joint Stock Company at Calcutta. Their maiden venture 'Bilwamangal' was released on November 8, 1919 at the Cornwallis Theatre, Calcutta.
2/1/1894Chitravshastri, Marathi dictionary creator, was born.
1/12/1918C. Ramchandra (Chitalkar), famous film music director, was born.
9/18/1995Kaka Hathrasi, famous comedy poet, died.
8/21/1997Krishan Kant assumes office as tenth Vice President of India.
3/28/1917Umesh Chandra Panigrahi, great author and journalist, was born at Raruan, Orissa.
12/13/1772Narayan Rao became the Peshwa at Satara.
4/16/1997G. Kishenchand, former Indian Test cricketer, died.
5/21/1990PM V. P. Singh clears the Rs. 13,000 crore Sardar Sarovar Project over the river Narmada.
10/3/1950India protests U.N. troops' crossing of 38th parallel in New York.