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The family and the trust instituted the award in the memory of Lata Mangeshkar, who died on February 6, 2022, following multiple organ failure.
Bhosle, the younger sister of Lata Mangeshkar, will receive the recognition on April 24, the memorial day of their father and theatre-music veteran Deenanath Mangeshkar.
This award, known as the Lata Deenanath Mangeshkar Puraskar, is given every year to an individual who has made a path-breaking contribution towards the nation, its people and society. Prime Minister Narendra Modi was its first recipient.
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Music director Hridaynath Mangeshkar and singer Usha Mangeshkar, the other two younger siblings of Lata Mangeshkar, said their aim is to honour people from various fields such as music, drama, art, medicine and social work.
“In memory of Master Deenanathji, whose monumental contributions as singer, musician and stage artiste have been an inspiration to the people of Maharashtra and India, the Mangeshkar family organises the Master Deenanath Mangeshkar Smruti Pratishthan Awards to honour legends. We are glad that we have the love and support of the masses,” they said in a statement.
Hridaynath Mangeshkar will preside over the function, to be held at Shanmukhananda Hall here, added the organisers.