15 Aug 1947 India gets Independence from the British.Jawaharlal Nehru becomes
the first Prime Minister of India.
Oct 1947 Maharaja of Kashmir accedes to Indian Sovereignty.
Nov 1947 John Mathai presents the First Railway Budget.
Jan 1948 Reserve Bank of India Nationalised.
30 Jan 1948 Assassination of Mahatma Gandhi in New Delhi.
Sep 1948 Troops of Government of India enter Hyderabad state.
Nov 1948 B.R.Ambedkar presents first Draft Constitution to Constituent Assembly.
1 Jan 1949 United Nations monitored cease fire takes effect in Kashmir.
Sep 1949 Rupee devalued by approximately 31 percent.
26 Nov 1949 New Constitution of India adopted and signed.
26 Jan 1950 Constitution of India comes into force.
March 1950 Planning Commission set up
July 1951 First Five year plan set in motion
25 Oct'1951-21 Feb'1952 First General Election
1952 Atomic Energy establishment set up in Bombay; Chandernagar incorporated
with India.
1953 Private Airlines are Nationalised; Chandigarh inaugurated as Capital of Punjab.
29 Dec 1953 The States Reorganisation Commission.
April 1954 India concludes treaty with China.
July 1954 Nehru inaugurates Bhakhra Dam.
December1954 Imperial Bank renamed as State Bank of India.
December1955Chinese troops enter India's Garhwal district in Uttar Pradesh.
18 May 1955 Hindu marriage Act is amended
1 June 1955 Untouchability Act comes into force
1 June 1955 Second Five year Plan
1956 Nationalisation of Insurance Companies
Jan 1956 Hindu Succession Act
17 June 1956 Second General Election held
Feb 24-June 9 1957 Wealth Tax Bill passed
Sep 1957 Finance Minister T.T.Krishnamachari resigns following Mundhra
LIC share scandal
Feb 1958 Oil and Natural Gas Corporation set up; Television transmission
introduced in New Delhi; Indo-Portuguese dispute
Feb1959 Dalai Lama flees from Tibet to India
March 1959 Military confrontation with China in Aksai Chin
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