NSE pledges Rs 1 crore to next of kin of Pahalgam terror attack victims

IANS April 24, 2025 306 views

The recent terror attack in Pahalgam, Kashmir, has shocked the nation and prompted swift corporate and governmental responses. NSE's Managing Director Ashish Chauhan announced a Rs 1 crore financial support for the victims' families, demonstrating corporate solidarity. LIC of India also committed to expediting claim settlements for affected families. Prime Minister Narendra Modi reinforced the government's stance, promising to identify and punish terrorists comprehensively.

"We are deeply saddened by the tragic terrorist attack in Kashmir" - Ashish Chauhan, NSE CEO
Mumbai, April 24: The National Stock Exchange (NSE) on Thursday pledged Rs 1 crore to the next of kin of the victims of deadly terror attack in Jammu and Kashmir's Pahalgam.

Key Points

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NSE commits Rs 1 crore to victims' families

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LIC expedites claim settlements

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PM Modi vows to track terrorists

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Corporate India responds to Kashmir attack

Ashish Chauhan, Managing Director and CEO of NSE, said they stands in solidarity with their families during this difficult time.

"We are deeply saddened by the tragic terrorist attack in Kashmir on April 22, 2025 where 26 people lost their lives," Chauhan wrote in a post on X social media platform.

"In a humble gesture of support, NSE pledges Rs 1 crore to the next of kin of the victims, standing in solidarity with their families during this difficult time," he added.

Earlier, LIC of India announced it is committed to supporting the victims of the terrorist attack and will expedite claim settlements to provide financial relief.

"LIC of India expresses deep grief over the death of innocent citizens at Pahalgam in the terrorist attack on April 22," the country's biggest life insurer said in a statement.

The LIC statement said that in lieu of death certificates, any evidence in government records of the death of the policyholder due to the terrorist attack or any compensation paid by the Central or state governments will be accepted as proof of death.

"All efforts will be taken to ensure that the claimants are reached out to and claims are settled expeditiously to the affected families," LIC Chief Executive Officer and Managing Director Siddharta Mohanty said.

Meanwhile, Prime Minister Narendra Modi on Thursday, in his address at a rally in Bihar, vowed that India would "identify, track, and punish every terrorist and their backers beyond their imagination".

"The spirit of India would never be broken by terrorism. Terrorism will not go unpunished," PM Modi added.

Reader Comments

R
Rahul K.
This is such a thoughtful gesture by NSE. Financial support can't bring back loved ones, but it helps families during unimaginable grief. More corporations should step up like this. 🙏
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Priya M.
While I appreciate the donation, I wish companies would also invest in long-term solutions to prevent such attacks. Money helps, but safety matters more.
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Amit S.
Good to see both NSE and LIC stepping up. The expedited claim process by LIC is especially important - families shouldn't have to jump through hoops during tragedy.
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Sanjana T.
Heartbreaking news. Kudos to these organizations for showing humanity. Hope the families find some comfort in this support. #StandAgainstTerrorism
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Vikram P.
The PM's words are strong, but actions speak louder. Need to see concrete security improvements in vulnerable areas. Thoughts and prayers aren't enough anymore.
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Neha R.
My cousin was in Pahalgam last month. This hits too close to home. Thank you NSE for setting an example of corporate responsibility during national tragedies.

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Tags:
Pahalgam Terror Attack NSE LIC Ashish Chauhan Narendra Modi Terrorism Kashmir