Organisations and Events Dates

India's first nuclear test, codenamed Operation Smiling Buddha, was conducted on 18 May 1974 at Pokhran, Rajasthan. This made India the sixth nation to conduct a nuclear test. The test was supervised by Raja Ramanna.

The Consumer Protection Act (COPRA) was implemented in 1986 to safeguard consumer interests and provide a legal framework for addressing consumer grievances. This landmark legislation established consumer councils at district, state, and national levels. It was a major step toward consumer rights in India.

The Disinvestment Commission was established in August 1996 under the chairmanship of G.V. Ramakrishna to oversee the disinvestment process in public sector enterprises. It was created to provide recommendations on which PSUs to disinvest and the methodology. The commission played a crucial role in India's economic liberalization.

The base year for the Consumer Price Index for Urban Non-Manual Employees (CPI-UNME) is 1984-85. This index was used to track inflation for urban non-manual employees before being replaced by CPI-IW and other indices. The base year selection is crucial for index construction and comparison.

The India Brand Equity Fund (IBEF) was established in 1996 to promote India's image globally and support the brand building of Indian products in international markets. It was created to help Indian companies build brand equity overseas.

The Planning Commission of India divided the country into agricultural climatic regions in 1988 to better understand and plan agricultural development based on climatic variations. This classification helps in crop planning, irrigation strategies, and region-specific agricultural policies.

The Integrated Rural Development Programme (IRDP) was launched at the block level in India in 1981-82. This program aimed to alleviate poverty by providing income-generating assets and employment opportunities to rural poor families below the poverty line. It was one of the major anti-poverty programs of the Sixth Five Year Plan period.

Regional planning was formally proposed in India in 1968 as part of efforts to systematically address spatial inequalities and promote balanced regional development across the country.

The Integrated Rural Development Programme (IRDP) was launched at the block level in India in 1978-79 during the Fifth Five Year Plan as a major anti-poverty initiative targeting rural households below the poverty line.

Oil and Natural Gas Corporation (ONGC) was established in 1956 as a Government of India enterprise. It's India's largest crude oil and natural gas company. 1950 is too early, while 1959 and 1962 post-date ONGC's actual founding year.

The Government of India nationalized 14 major commercial banks on July 19, 1969, under the Banking Companies (Acquisition and Transfer of Undertakings) Ordinance. This was a significant step in banking sector reform, bringing 84% of banking business under public sector control. In 1980, 6 more banks were nationalized, bringing the total to 20 nationalized banks.

Zero-based budgeting was first introduced in India in 1983-84 as a novel approach requiring justification of all expenditures anew each budget cycle, rather than just incremental changes to previous allocations. This aimed to improve efficiency and eliminate redundant spending.

The Indian Patent Act first came into force in 1970.

SJSRY (Swarna Jayanti Shahari Rozgar Yojana) was launched on December 1, 1997. It was a poverty alleviation programme for urban poor, replaced by NULM in 2013.