NEW DELHI (India CSR): In the wake of a devastating terror attack in Jammu and Kashmir’s Pahalgam, which claimed 26 lives, the National Stock Exchange (NSE) and Life Insurance Corporation of India (LIC) have stepped forward with heartfelt support. Their initiatives aim to provide financial relief and emotional solidarity to the grieving families, offering a beacon of hope amidst tragedy.
The Pahalgam Tragedy
The attack took place at Baisaran meadow, a popular tourist spot in Anantnag district, Jammu and Kashmir. Described as the deadliest assault in the region since the 2019 Pulwama attack, it claimed the lives of 26 people, including tourists, one foreign national, and a local resident. The incident has left the nation grappling with grief and a renewed focus on security in the Valley.
Table: NSE and LIC Support for Pahalgam Terror Attack Survivors
| Category | Details |
|---|---|
| Event | Terror attack at Baisaran meadow, Pahalgam, Anantnag district, Jammu and Kashmir |
| Date | April 22, 2025 |
| Casualties | 26 deaths (including tourists, one foreign national, and one local resident) |
| NSE Contribution | Rs 1 crore pledged to the next of kin of victims |
| NSE Statement | Announced by MD and CEO Ashishkumar Chauhan via X, expressing solidarity |
| LIC Initiative | Simplified claim settlement process, accepting alternative proofs of death (e.g., government records or compensation evidence) |
| LIC Commitment | Proactive outreach to claimants, fast-tracked disbursal, led by MD and CEO Siddhartha Mohanty |
| Significance | Deadliest attack in Kashmir since Pulwama 2019, prompting national support |
NSE’s Commitment to Survivors
In a gesture of solidarity, the National Stock Exchange pledged Rs 1 crore to support the families of the victims. NSE’s Managing Director and CEO, Ashishkumar Chauhan, shared the organization’s condolences on X, stating, “The Pahalgam terror attack has shaken us all. NSE’s contribution of Rs 1 crore is a small step to help the families of the 26 victims cope with their loss.” This donation aims to provide immediate financial relief to the next of kin, addressing urgent needs in the wake of the tragedy.
LIC’s Streamlined Support
The Life Insurance Corporation of India has introduced measures to simplify the claim settlement process for families of policyholders killed in the attack. LIC’s MD and CEO, Siddhartha Mohanty, announced that the insurer will accept alternative proofs of death, such as government records or evidence of government compensation, in lieu of traditional death certificates. This flexibility is designed to expedite financial assistance during a challenging time.
LIC has also vowed to proactively reach out to claimants, ensuring a smooth and swift process. “We are committed to standing by the families of the Pahalgam victims, ensuring they receive their entitled benefits without delay,” Mohanty said. These efforts underscore LIC’s dedication to compassion and efficiency.
A Collective Response
The Pahalgam attack has prompted widespread mourning and calls for unity across India. The initiatives by NSE and LIC reflect a broader societal effort to support those affected by the tragedy. By combining financial aid with procedural ease, these institutions are helping families navigate the immediate aftermath of their loss while honoring the memory of the victims.
Path to Healing
While the scars of the Pahalgam attack will take time to heal, the support from NSE and LIC offers a foundation for recovery. Their actions serve as a reminder of the power of collective compassion in the face of adversity. As investigations into the attack continue, the focus remains on ensuring justice and fostering peace in Jammu and Kashmir, with the hope that such tragedies are not repeated.
(India CSR)
India CSR offers strategic corporate outreach opportunities to amplify your brand’s CSR, Sustainability, and ESG success stories.
📩 Contact us at: biz@indiacsr.in
Let’s collaborate to amplify your brand’s impact in the CSR and ESG ecosystem.
