India’s highest possible and most distinguished movie theater award is given in the name of Dadasaheb Phalke in his honor for lifetime contribution to Indian cinema. This honor was presented in 1969 by the Federal government of India to memorialize Dadasaheb Phalke’s contribution to the Indian movie theater. It is presented each year at the National Film Awards event by the Directorate of film festivals, an organization established by the Ministry of Information and broadcasting. The awardee is honored for their “impressive contribution to the development and growth of Indian movie theater.” The honor makes up a Swarna Kamal (Golden Lotus) medallion, a shawl, as well as a cash prize of Rs. 10 Lakh. Devika Rani was the first winner of the Dada Saheb Phalke honor who was recognized at the 17th National Film Awards. Vinod Khanna was honored with Dadasaheb Phalke Honor in 2017 after his death. He was mostly understood for his role as a Bollywood star during the 1970s.