New Delhi, Oct 10 (ANI): Children's rights activists Malala Yousafzai of Pakistan and Kailash Satyarthi of India were awarded the Nobel Peace Prize 2014 on Friday. The Norwegian Nobel Committee announced the names of the two "for their struggle against the suppression of children and young people and for the right of all children to education." The award also comes with a $1.24 million check. Yousafzai, now 17, is a schoolgirl and education campaigner in Pakistan who was shot in the head by a Taliban gunman two years ago. Satyarthi, 60, has maintained the tradition of Mahatma Gandhi and headed various forms of peaceful protests, "focusing on the grave exploitation of children for financial gain," the Nobel committee said.