| | 1 | ''''1958: Key Events''' |
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| | 3 | * The first phase of the Bhakra Nangal dam, the showpiece of Nehru’s government, is completed. |
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| | 5 | * The dramatic deterioration in India’s foreign exchange reserves, increased spending on imported arms and the need to double the envisaged foodgrain imports, force the government to adopt a radical development strategy emphasising agrarian reform, land ceilings and (following the Chinese model) the organisation of co-operatives. |
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| | 7 | * The Indian Copyright Act comes into force. |
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| | 9 | * Hindi playwright Mohan Rakesh writes his Ashad Ka Ek Din. |
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| | 11 | * The first documentary film festival is held in Bombay. Ajantrik is shown in Cannes, out of competition. D. N. Sampat, founder of the Kohinoor Studio, dies. |