  We have stabilized the {\alpha}-Fe1.6Ga0.4O3 (Ga doped {\alpha}-Fe2O3) system
in rhombohedral structure. The system has shown magnetically canted
ferromagnetic state and ferroelectric properties at room temperature. In first
time, we confirm the existence of magneto-electric coupling and
multiferro-electric properties at room temperature in the Ga doped
{\alpha}-Fe2O3 system based on the experimental observation of magnetic field
controlled electric polarization and electric field controlled magnetization.
The {\alpha}-Fe2O3 system does not exhibit electric field controlled magnetic
exchange bias effect, where as Ga doped {\alpha}-Fe2O3 showed exchange bias
shift up to the value of 370 Oe. We have recorded the response of
current-voltage characteristics and in-field magnetic relaxation of the system
under the simultaneous application of magnetic and electric fields. The
magnetization of the system is found highly sensitive to the ON and OFF modes,
as well as change of the polarity of external electric field. The system is a
new addition in the list of non-traditional
magneto-electrics/multi-ferroelectrics so far reported in literature. Such
novel materials, where magnetization and electric polarization can be
controlled by simultaneous application of magnetic and electric fields, is in
the increasing demand for potential applications in the field of next
generation magnetic sensor, switching, non-volatile memory and spintronic
devices.
