Former Chilean President Michelle Bachelet awarded with the Indira Gandhi Peace Prize

Why in the news?

• Former Chilean President Michelle Bachelet will be awarded the Indira Gandhi Peace Prize.
• Michelle Bachelet has been given this award for her work to improve gender equality, human rights and democracy.

Indira Gandhi Peace Prize

• It is given in honour of the former Prime Minister of India, Indira Gandhi.
• It is also known as Disarmament and Development Award.
• Establishment- ​​Year 1986
• This award is given annually by Indira Gandhi Memorial Trust.
• It is a prestigious award given to individuals or organizations for creative efforts towards promoting international peace, disarmament and development or a new international economic order.
• To ensure that scientific discoveries are used for the betterment of humanity and expand the scope of freedom.