M in IMF stands for money.
You mean International Monetary Fund (IMF)?
No, wrong guess.
It is mountaineering. Indian Mountaineering Foundation (IMF).
As the names indicate their geographical scope and purpose are different. International Monetary Fund improves availability of hard currency and stabilizes exchange rate of currency.
On the other hand, Indian Mountaineering Foundation, focus of this presentation, offers financial support for climbing, mountaineering, and trekking in the form of scholarships, sponsorships, and subsidized board, lodge, and equipment rental. Mainly for Indians.
But, why it is so generous?
Because adventure tourism promotion in the Indian Himalayas is one of the principal goals of IMF, registered under the Societies Registration Act of 1961.
Play the presentation to learn more about how this foundation is fulfilling its goals.