The JCB Prize for Literature, known as India’s most prestigious literary award, has been officially discontinued after seven successful editions. This move has surprised and saddened authors, publishers, and readers alike. Let’s delve into the reasons behind this decision and the impact it has had on the literary community.
Why in News?
The sudden discontinuation of the JCB Prize for Literature has left the literary world in shock. The lack of a public statement and the change in the foundation’s status to a Private Limited Company have raised questions and speculations within the community.
Objectives of the JCB Prize
- Celebrate and promote excellence in Indian fiction, in English and in translation.
- Bring regional Indian literature to a national and global audience.
- Offer financial support to both authors and translators.
- Increase visibility for literary talent across India.
Key Features
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- Rs 25 lakh cash prize for the winning author.
- If translated, Rs 10 lakh awarded to the translator.
- Rs 1 lakh prize for each shortlisted author.
- Rs 50,000 award for each shortlisted translator.
Timeline
- Founded: 2018
- Discontinued: 2025
- Total Editions Held: 7 (2018–2024)
Impact
- Promoted linguistic diversity with 5 out of 7 winning titles being translations.
- Translated works included languages like Malayalam, Tamil, Urdu, among others.
- Helped in mainstreaming regional Indian literature and authors.
- Created opportunities for translators to gain recognition alongside authors.
Key Takeaways for Competitive Exams
Understanding the objectives, key features, and impact of literary awards like the JCB Prize for Literature is essential for competitive exams. Stay updated on current affairs related to literature and awards to enhance your knowledge base.
