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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
3/11/1990	Darbarsingh, former Chief Minister of Punjab, passed away.
8/18/1990	President R Venkataraman presented the colours to the Officers Training Academy in recognition of their services to the Nation.
12/25/1991	Ajit Singh expelled from the JD.
2/13/1999	The 5th National Games were inaugurated by President K.R. Narayanan in Imphal.
7/15/1904	Mogubai Kurdikar, veteran singer of 'Jaypur Gharana', was born.
12/13/1772	Narayan Rao became the Peshwa at Satara.
2/17/1976	New Zealand score their first innings win in Tests vs India.
1/18/1842	Mahadev Govind Ranade was born. He was the chief architect of Bombay Prathana Samaj.
10/11/1923	Harish Chandra was born in Kanpur, Uttar Pradesh. His work in a narrow branch of modern mathematics led to its developement to such an extent that it drew the attention of mathematicians all over the world.
6/22/1910	Mohommed Hussain `Azad', great Urdu poet, eassy writer and critic, died.

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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.