The Union Information & Broadcasting Ministry has instituted a centenary award to celebrate the 100th year of Indian cinema which will be given to a path-breaking film every year at the International Film Festival of India (IFFI) in Goa. The award will carry a cash component of Rs 10 lakh.
Films in all categories which participate at IFFI would be eligible for the award. The IFFI already has several award categories like Best Film, Best Director, Best Actor, Best Actress and the jury may also give its own special awards.
The centenary award is just one the several initiatives that the I&B ministry is planning to celebrate 100 years of Indian cinema.