IMC to give financial aid to 23 families orphaned in 26/11 | india | Hindustan Times
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IMC to give financial aid to 23 families orphaned in 26/11

india Updated: May 10, 2009 10:15 IST

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The Indian Merchants' Chamber (IMC) has said that it would disburse financial aid to 23 orphaned families who lost their bread-earners in the 26/11 terror strikes in the metropolis, at its annual general meeting, on Monday.

The first instalment of its three-year financial aid package will be given to the families by Reserve Bank Deputy Governor, Rakesh Mohan, at the AGM, a press release issued in Mumbai said.

At the AGM function, Mohan, as a token measure, will present IMC's cheques to three of these families.

The remaining 20 families will receive the cheques on the same day, after the official business of the AGM, at a specially set-up help-desk at the IMC premises, the release said.

The IMC has undertaken the responsibility to provide financial assistance towards all medical and educational expenditure of these 23 families during the next three years.

The Chamber has also committed to get employment and job placements to members of these affected families, so that these families could become economically independent soon, the release said.