Union Minister of State for Home Affairs, Shri Nityanand Rai headed the Indian Delegation to the 4th No Money for Terror (NMFT) Conference held at Munich, Germany on 13th February 2025.
- The conference had four sub-verticals i.e. Multilateral cooperation, Financing methods for terrorism, Financial inclusion & Risk-based approach and Terrorist Financing & Organized Crime.
- Union Minister of State for Home Affairs, Shri Nityanand Rai raised concerns that terror financing increasingly has cross border linkages in terms of a flow of funds and due to the development of new digital technologies, the sources, methods and channels used for flow of assets by terrorists are becoming increasingly more complex and pose a significant challenge to global security.
- He lauded the initiative of NMFT Conference and expressed the need for permanency for this unique initiative of NMFT by setting up of a NMFT Secretariat in India, the idea of which was also mooted in the NMFT conference 2022 held in New Delhi,
- The NMFT conference 2022 was held in New Delhi. It was organised by the Union Ministry of Home Affairs. The first two Conferences were held in Paris (2018) and Melbourne (2019).
(Source: PIB)
