The country’s prestigious civilian honor Padma Award 2026 has been announced. This time, a place has been given in the list especially to those people associated with business and industry, who not only strengthened the country’s economy but also played an important role in the advancement of the deprived and backward sections of the society. These celebrities, hailing from Maharashtra and Karnataka, have created a distinct identity in the Indian corporate world on the basis of their work.
The government believes that the Padma Awards are not just an honor for success, but also a medium to recognize the thinking and contribution of those people who have done something new and positive for the society. This is the reason why this time such names have appeared in the list, whose impact was not limited to business only, but also led to social change.
Uday Kotak: Shining star of the banking world
Uday Kotak, founder of Kotak Mahindra Bank and a well-known banker of the country, has been honored with Padma Bhushan this year. Uday Kotak started his career with a small finance company, which with the power of hard work and foresight, he transformed into one of the leading private banks of the country today.
His contribution in promoting transparency, better corporate governance and strong retail banking system in the Indian banking sector is considered important. He also played an important role in bringing the Indian financial market in line with international standards. Today he is counted among the most reliable and visionary business leaders of the country.
What are Padma Awards?
Padma Awards are one of India’s highest civilian honours. These are announced every year on the eve of Republic Day. These awards are given in three categories.
- Padma Vibhushan: For exceptional and distinguished service
- Padma Bhushan: For distinguished service of a high order
- Padma Shri: For notable contribution in any field
The purpose of these awards is to honor those people who have given a new direction to the country and society through their work. The list of Padma Awards 2026 also gives the same message that the country honors those who successfully fulfill social responsibilities on the highest platform.