The Union Government has revised the guidelines for the National Disaster Relief Fund. Under the revised guidelines the quantum of compensation has been hiked from Rs. 1.5 lakh to Rs. 4 lakh, in the event of death due to natural calamity. Accordingly, the next of kin of those who lost their lives in various parts of the country due to the earthquake on 25th April, shall receive an enhanced compensation of Rs. 4 lakh from the National Disaster Relief Fund. This is in addition to the compensation of Rs. 2 lakh from the Prime Minister's National Relief Fund. It implies that the next of kin of those who perished in the tragedy will now receive a total compensation of Rs. 6 lakh.

In addition to these measures, a compensation of Rs. 50,000 from the Prime Minister's National Relief Fund has also been announced for those who were seriously injured in the earthquake.

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PM Modi to inaugurate ICA Global Cooperative Conference 2024 on 25th November
November 24, 2024
PM to launch UN International Year of Cooperatives 2025
Theme of the conference, "Cooperatives Build Prosperity for All," aligns with the Indian Government’s vision of “Sahkar Se Samriddhi”

Prime Minister Shri Narendra Modi will inaugurate ICA Global Cooperative Conference 2024 and launch the UN International Year of Cooperatives 2025 on 25th November at around 3 PM at Bharat Mandapam, New Delhi.

ICA Global Cooperative Conference and ICA General Assembly is being organised in India for the first time in the 130 year long history of International Cooperative Alliance (ICA), the premier body for the Global Cooperative movement. The Global Conference, hosted by Indian Farmers Fertiliser Cooperative Limited (IFFCO), in collaboration with ICA and Government of India, and Indian Cooperatives AMUL and KRIBHCO will be held from 25th to 30th November.

The theme of the conference, "Cooperatives Build Prosperity for All," aligns with the Indian Government’s vision of “Sahkar Se Samriddhi” (Prosperity through Cooperation). The event will feature discussions, panel sessions, and workshops, addressing the challenges and opportunities faced by cooperatives worldwide in achieving the United Nations Sustainable Development Goals (SDGs), particularly in areas such as poverty alleviation, gender equality, and sustainable economic growth.

Prime Minister will launch the UN International Year of Cooperatives 2025, which will focus on the theme, “Cooperatives Build a Better World,” underscoring the transformative role cooperatives play in promoting social inclusion, economic empowerment, and sustainable development. The UN SDGs recognize cooperatives as crucial drivers of sustainable development, particularly in reducing inequality, promoting decent work, and alleviating poverty. The year 2025 will be a global initiative aimed at showcasing the power of cooperative enterprises in addressing the world’s most pressing challenges.

Prime Minister will also launch a commemorative postal stamp, symbolising India’s commitment to the cooperative movement. The stamp showcases a lotus, symbolising peace, strength, resilience, and growth, reflecting the cooperative values of sustainability and community development. The five petals of the lotus represent the five elements of nature (Panchatatva), highlighting cooperatives' commitment to environmental, social, and economic sustainability. The design also incorporates sectors like agriculture, dairy, fisheries, consumer cooperatives, and housing, with a drone symbolising the role of modern technology in agriculture.

Hon’ble Prime Minister of Bhutan His Excellency Dasho Tshering Tobgay and Hon’ble Deputy Prime Minister of Fiji His Excellency Manoa Kamikamica and around 3,000 delegates from over 100 countries will also be present.