In 1950, the Music Academy instituted the Certificate of Merit, given to senior musicians who had made a mark in the field as icons and gurus. This in the 1980s was named the TTK Award in memory of TT Krishnamachari, former Union Minister and industrialist, who was a great patron of the arts and who as Vice-President of the Music Academy did much to make its auditorium a reality. Two senior performing artistes are selected annually for this award.
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