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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
12/1/1966	Nagaland becomes a state of the Indian Union.
8/14/1980	Centre nationalizes Maruti company.
4/1/1956	Companies Act of 1913 was revised and Indian Companies Act of 1956 came into force.
7/5/1857	Baigum Hazrat Mahal again attack on Lucknow.
1/20/1879	Raghunath Chaudhary, famous Assamia nature poet, was born.
8/6/1962	Peking agrees to talks with India to settle border disputes.
3/9/1993	14 bus passengers burnt to death in Andhra .
6/18/1658	Aurangzeb managed to capture the Agra Fort and later arrested his father Emperor Shahjahan.
5/24/1999	Noted wrestling coach Dronacharya awardee Guru Hanuman passed away in a road accident near Meerut.
3/22/1977	Janata and its allies gain absolute majority in Lok Sabha.

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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.