Rashtrapati Awards are given by the President of India. The President of India or Rashtrapati ( Hindi: राष्ट्रपति a Sanskrit Neologism, lit They are given to award excellence in various fields. The award-giving ceremony is conducted in the Rashtrapati Bhavan - the President's official residence. Rashtrapati Bhavan ( Sanskrit for President House / Presidential Palace is the Official residence of the President of India, located in New Delhi The awards are given annually for Excellence in various fields. Especially the classical language scholars for the languages such as Sanskrit, Pali, Prakrit, Arabic and Persian. There is also a Presidential Honour for young scholars below age 40 who have worked to bridge the ancient and the modern especially using IT, this award was instituted in 2002 called "Maharishi Badrayan Vyas Samman" award.