1988 in India

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{{Use dmy dates|date=May 2020}}

{{More references|date=December 2009}}

{{Year in India|1988}}

Events in the year 1988 in the Republic of India.

Incumbents

=Governors=

Events

  • National income - {{INR}}4,293,630 million

= January - August =

  • January - Viswanathan Anand became first Grandmaster (chess) from India by winning
  • 2 February - Elections to legislative assemblies of Meghalaya and Tripura held.
  • 9 - 18 May - Operation Black Thunder
  • 2 June - Legendary actor and filmmaker Raj Kapoor dies{{Cite web |last=ishwi.singh |title=Raj Kapoor Death Anniversary: Iconic Dialogues by the Showman of Indian Cinema |url=https://www.mynation.com/gallery/entertainment/raj-kapoor-death-anniversary-iconic-dialogues-by-the-showman-of-indian-cinema-iwh-sefwvn |access-date=2024-06-26 |website=Asianet News Network Pvt Ltd |language=en}}
  • 8 July - Peruman railway accident claims 105 lives.
  • 18 July - Rupan Deol Bajaj case
  • 6 August – The 1988 Myanmar–India earthquake measuring magnitude 7.3 strikes the Sagaing–Assam border, killing 5 people and leaving over 30 injured or missing.{{cite web |title=M 7.3 - 85 km SE of Phek, India |url=https://earthquake.usgs.gov/earthquakes/eventpage/usp0003jpw/executive |website=earthquake.usgs.gov |publisher=USGS |access-date=6 August 2021}}
  • 10 August - Chief minister of Karnataka Ramakrishna Hegde resigns following Wiretapping scandal against him.{{Cite web |title=Trapped in wire-tapping scandal, Karnataka CM Ramakrishna Hegde resigns |url=https://www.indiatoday.in/magazine/indiascope/story/19880831-trapped-in-wire-tapping-scandal-karnataka-cm-ramakrishna-hegde-resigns-797630-1988-08-30 |access-date=2023-09-03 |website=India Today |language=en}}
  • 21 August – The 6.9 {{M|w}} Bihar earthquake shook northern Bihar near Nepal with a maximum Mercalli intensity of VIII (Severe), killing 709–1,450.
  • August - The Statesman accuses Lalit Suri, a close confidant of Rajiv Gandhi for accepting 6.61 crore rupees as bribe from Sumitomo Corporation related to HVJ Gas Pipeline works of Oil and Natural Gas Corporation through entities based in London and Panama.{{Cite web |title=Delhi businessman Lalit Suri gets involved in a Japanese company's deals with ONGC |url=https://www.indiatoday.in/magazine/special-report/story/19880831-delhi-businessman-lalit-suri-gets-involved-in-a-japanese-companys-deals-with-ongc-797622-1988-08-30 |access-date=2023-05-23 |website=India Today |language=en}}

= September - December =

  • 23-26 September - Floods in Punjab, Haryana due to heavy rains in Bhakra.
  • October – Maximum lending rate abolished. Banks free to charge customers according to their credit record.
  • 11 October - Janata Dal formed under the leadership of V. P. Singh.
  • 20 December - Rajya Sabha passes the Sixty-first Amendment of the Constitution of India which brings down voting age from 21 to 18.{{Cite web |title=Voting age in India changed from 21 to 18 in 1988 |url=https://www.indiatoday.in/magazine/cover-story/story/20051226-voting-age-in-india-changed-from-21-to-18-in-1988-786372-2005-12-25 |access-date=2023-05-23 |website=India Today |language=en}}
  • 26 December - caste violence between Kapus and Kammas erupts in costal districts of Andhra Pradesh following death of a Congress I M.L.A named Vangaveeti Mohana Ranga Rao.{{Cite web|date=January 31, 1989|first=Amarnath K.|last=Menon|title=Congress(I) MLA murder triggers off caste violence in four Andhra Pradesh coastal districts|url=https://www.indiatoday.in/magazine/special-report/story/19890131-congressi-mla-murder-triggers-off-caste-violence-in-four-andhra-pradesh-coastal-districts-815673-1989-01-31|access-date=2021-11-01|website=India Today|language=en}}

= Date unknown =

Law

  • April – Security & Exchange Board of India established to deal with the development and regulation of the securities market and investor protection.
  • The Discount and Finance House of India, set up as a money market institution, commenced operations.
  • July – The National Housing Bank established as an apex body of housing finance and to promote activities in housing development.
  • August – Stock Holding Corporation of India, a depository institution, commenced operations.

Births

Deaths

=Full date unknown=

See also

References

{{Reflist}}

{{Years in India}}

{{Year in Asia|1988}}

{{DEFAULTSORT:1988 in India}}

India

Category:Years of the 20th century in India