Muttathu Varkey Award for contributions to the field of Malayalam literature is instituted by the Muthattu Varkey Foundation in memory of novelist Muttathu Varkey. The award was instituted in 1992 and as of 2012, it carries a purse of ₹33,333, a citation, and a statuette. The awards are usually announced on 28 April (the birth anniversary of Varkey) and presented on 28 May (the death anniversary of Varkey) every year.
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Muttathu Varkey Award Wikipedia(Text) CC BY-SA