The International Kim Il-sung Prize is an award conferred for contrubutions in the study and proliferation of the Juche idea. The prize was instituted by Vishwanath, the former Director-General of the International Institute of the Juche Idea, on March 19, 1992. It is named in honor of Kim Il-sung, the first supreme leader of the North Korea, credited with creation of the Juche idea. The International Kim Il-sung Prize consists of a medal, certificate, a sum of money and a souvenir token. The prize was instituted in April 1993 in New Delhi, on the occasion of the 81th birthday of Kim Il-sung.