The reporters were presented awards along with cash prizes at a ceremony organised here by the ICRC in collaboration with Press Institute of India.
Rohini Mohan, contributor to 'Caravan' magazine, won the first prize which included a cash award of Rs 50,000, while Ramachandra Reddy Patil of 'The Week' magazine bagged the second prize and a cash award of Rs 30,000.
The third place was a tie between Supriya Sharma of 'The Times of India' and Soma Basu of 'The Statesman'.
Mary Werntz, head of the regional delegation of the ICRC in Delhi, said "reporting on conflict casualties is by no means a matter of head-counts. It is about human beings, their lives and their stories of suffering".
Rajya Sabha MP H K Dua, who moderated a panel discussion, highlighted the plight of Malala Yousafzai, a Pakistani girl who was shot at by the Taliban.
He drew attention to the "waning" coverage of her plight and said the media should take more efforts to highlight such stories.
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"War and conflict make for better visuals but peace and after-effects of war do not. So, they are often ignored," he said.
"TV channels and the print media should show more stories of despair and hope," he said.
Senior journalist Amitabha Roy Chowdhury stressed on evolving a code of conduct to cover victims of violence and emotional resilience for journalists covering strife-torn areas.
"Journalists should be very sensitive while covering victims of trauma, especially if they are women or children. Reporters should not add to their woes," he said.
Pamela Philipose, Director of Women's Feature Service, said after-conflict coverage helped the government to continue giving support to the victims and also kept public abhorrence of the strife alive, which might help prevent it in the future.