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Vinod Khanna posthumously honoured with Dadasaheb Phalke Award 2017

Late veteran actor and politician Vinod Khanna was posthumously honoured with prestigious Dadasaheb Phalke Award 2017. He is the 49th recipient of the award, considered as the highest honour in Indian cinema given by Ministry of Information and Broadcasting.

Vinod Khanna

Born on 6 October 1946, Khanna has featured in as many as 146 films in his film career spanning over four decades. He made his debut in 1968 with Mann Ka Meet. He was known for his suave style and composed demeanour.

Some of his famous films are Mere Apne, Insaaf and Amar, Akbar, Anthony. He was last seen in 2015 in Shah Rukh Khan’s Dilwale. Khanna has also won numerous awards, including the Filmfare award for best supporting actor and the Filmfare Lifetime Achievement Award in 1999. In 1982 Khanna decided to quit film industry at peak time of his career to follow his spiritual guru Osho Rajneesh.

Politics: Khanna forayed into politics in 1997. In 1998, he got elected to the Lok Sabha from the Gurdaspur constituency in Punjab on a BJP ticket. He served as Union minister for culture and tourism in 2002 under Atal Bihari Vajpayee government. Later, he also became minister of state in Ministry of External Affairs. At the time of his death in 2017, he was sitting BJP member of Lok Sabha from the Gurdaspur constituency (Punjab).

Dadasaheb Phalke Award

The award is conferred by Union Government for outstanding contribution to growth and development of Indian Cinema. It was established in 1969 to commemorate the birth centenary year of father of Indian cinema, Dadasaheb Phalke. It is highest official recognition (award) in Indian cinema. It is given on basis of recommendations of a committee of eminent personalities set up by the government. The award consists of a Swarn Kamal (Golden Lotus), a cash prize of Rs. 10 lakhs and a shawl.


Bhanu Pratap Sharma replaces Vinod Rai as chairman of Banks Board Bureau

The Union Finance Ministry has reconstituted Banks Board Bureau (BBB) and appointed former bureaucrat Bhanu Pratap Sharma as its chairman. It will replace earlier BBB headed by former Comptroller and Auditor General (CAG) Vinod Rai as its two-year term ended in March 2018. The reconstituted BBB will have two-year tenure, same as its predecessor.

Members of reconstituted BBB: Investment banker Vedika Bhandarkarm; Pradeep Kumar, former managing director of SBI and Pradip P. Shah, founder managing director of rating agency Crisil.

Bhanu Pratap Sharma

Sharma is retired IAS officer of Bihar cadre (1981 batch) and former Principal Secretary (Finance) in the Bihar government. He is presently chairman of recruitment and assessment centre at Defence Research and Development Organisation (DRDO). He had been health secretary and secretary for personnel and training at Centre, before retiring in June 2017 from civil service.

Banks Board Bureau (BBB)

BBB is super authority (autonomous body) of eminent professionals and officials for public sector banks (PSBs). It was announced by Union Government in August 2015 as part of seven point Indradhanush Mission to revamp PSBs and started functioning in April 2016. It had replaced Appointments Board of Government. It is housed in Reserve Bank of India’s central office in Mumbai, Maharashtra. BBB is considered as the first step towards Bank Investment Company as recommended by P J Nayak committee.


  • Give recommendations for appointment of full-time Directors as well as non-Executive Chairman of PSBs.
  • Give advice to PSBs in developing differentiated strategies for raising funds through innovative financial methods and instruments and to deal with issues of stressed assets.
  • Guide banks on mergers and consolidations and governance issues to address bad loans problem among other issues.