Today’s History: Former Prime Minister Indira Gandhi had nationalized 14 private banks

July 19 is considered significant in the country’s banking history. In fact, on July 19, 1969, Prime Minister Indira Gandhi nationalized 14 private banks. Most of these banks are occupied by large industrial plants. The second round of nationalization took place in 1980, during which seven more banks were nationalized.

Details of the continuation of other significant events recorded in national and world history on July 19 are as follows:

1827: Birth of Mangal Pandey, the forerunner of the Indian freedom struggle.

1848: The first women’s rights convention was held in Sinica Falls, New York.

1870: France declares war on Persia.

1900: The first metro rail runs in Paris, the capital of France. The world’s first metro service was started in London.

1940: Adolf Hitler orders Great Britain to surrender.

1969: Apollo II astronauts Neil Armstrong and Edwin Aldrin exit the spacecraft and walk into lunar orbit.

1969: The Government of India nationalized fourteen major banks of the country.

1974: The ashes of revolutionary Udham Singh were brought from London to New Delhi.

2001: Girija Prasad Koirala, the Prime Minister of Nepal, resigns from his post.

2003: Russian cosmonaut Yuri Male Thanko becomes the first person to get married in space.

2004: After three delays, Ariane-5 carrying the world’s largest telecommunications satellite departs from the Kourou launch center in French Guiana.

2005: Former Prime Minister Manmohan Singh addresses the US Congress.

2008: The US tests a missile capable of targeting long-range targets in the Pacific Ocean.

2021: 31 people died in a passenger bus collision with a truck in Pakistan’s Punjab province.

2021: In England, the lockdown, the mandatory wearing of masks and the Kovid restrictions were lifted after a year.

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