Instituted in 1957 named after Ramon Magasaysay, President of the Philippines, who died in an air crash in 1957. He became world renowned figure in the 1950’s for his land reform programme to defuse communist insurgency. The award is given annually on August 31st, the birth anniversary of Magsaysay, for outstanding contributions to Public Service, Community Leadership, Journalism, Literature and Creative Arts and International Understanding. It is equivalent to the Nobel Prize in Asia. It may also be awarded to organizations / institutions and non-Asians working for the benefit of Asia. It carries a cash prize of $50,000.

Indian Recipients : Mother Teresa (1962), Jockin Arputham (2000), L. Ramdas (2004). For Lterature, Journalism and Creative Communication Arts : Amitabh Chaudhury (1961), Satyajit Ray (1967), B, G, Vergheese (1975), Shambu Mitra (1976), Gour Kishore Ghosh (1981), Arun Shourie (1982), R, K, Lakshman (1984), K, V, Subbanna (1991), Mahasweta Devi (1997), P. Sainath (2007).

For Community Leadership : Acharya Vinobha Bhave (1958), Dara N, Khurodi , Thribhuvan Das K, Patel and Vergheese Kurian (1963), Kamaladevi Chattopdhyaya (1966), M, S, Swaminathan (1971), L, R, Bhat (1977), Rajanikant S, Arole and Mabelle R, Arole (1979), Panduranga Athavale (1996), Ms. Aruna Roy (2000), Rajendra Singh (2001), Ms. Shanta Sinha (2003), Prakash Amte and his wife Mandakini Amte (2008).

For Public Service : Jaya Prakash Narayan (1965), M, S, Subalakshmi (1974), Manibhai Desai (1982), Muralidhar Devidas Amte (1985), L, C, Jain (1989), M S Mehta (1997), V, Sharma (2005)

For Government Service : C, D, Deshmukh (1959), Kiran Bedi (1994), T, N, Seshan (1996), J, M, Lyngodh (2003).

For Emergent Leadership : Sandeep Pandey (2002), Arvind Kejriwal (2006).

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