There are separate awards for men and women and are constituted as part of 'Vision TVM' which dreams of one strong Konkani community by 2020. Both awards carry a purse of Rs1 lakh apart from a citation. The nominee can be an individual/individuals/institution. Mother tongue of nominee should be Konkani and age of awardee should be more than 18 years. Self nominations are allowed by individuals and institutions.
In case of Institutions, the same should be managed by Konkani people and founders should be Konkani speaking. In case of an institution it should be in service for a minimum period of five years at the time of considering its nomination for the award. For nominations forms, log on to www.vishwakonkani.org and send it to the chairman, BVS Vishwa Konkani Seva Puraskar Selection Committee, Vishwa Konkani Kendra, Konkani Gaon, Shakti Nagar, Mangalore - 575016 before September 15, a communique from WKC states.