Malala Yousafzai & Kailash Satyarthi Bag Nobel Peace Prize

India’s Kailash Satyarthi and Pakistan’s Malala Yousafzai were recognized in the world for bagging The Nobel Peace Prize for their battle against the suppression of children and for young people’s rights, including the right to education on Friday.

Thorbjorn Jagland, chairman of the Norwegian Nobel Committee, said, “Children must go to school, not be financially exploited.”

At the age of just 17, Malala is the youngest ever recipient of the prize.

Malala Yousafzai & Kailash Satyarthi Bag Nobel Peace Prize

“The Nobel Committee regards it as an important point for a Hindu and a Muslim, an Indian and a Pakistani, to join in a common struggle for education and against extremism,” said Thorbjoern Jagland, the head of the Norwegian Nobel Committee.

“It has been calculated that there are 168 million child labourers around the world today,” Jagland said. “In 2000 the figure was 78 million higher. The world has come closer to the goal of eliminating child labour.”

The 60-year-old Satyarthi founded Bachpan Bachao Andolan, or the Save the Childhood Movement, which campaigns for child rights and an end to human trafficking.

Yousafzai was attacked in 2012 on a school bus in the Swat Valley in northwest Pakistan by masked gunmen as a punishment for a blog that she started writing for the BBC’s Urdu service as an 11-year-old to campaign against the Taliban’s efforts to deny women an education.

Yousafzai and Satyarthi will now be invited to attend an award ceremony in Oslo in December to receive a medal and $1.4m (£860,000) pounds in prize money.