The Rajiv Gandhi Khel Ratna Award is the highest honor given for accomplishment in sports. The term "Khel Ratna" translated in Hindi literally means "sports gem". Named after the former Prime Minister of India, Rajiv Gandhi, the award carries a medal, a significant cash price of Rupees 7,50,000 and a scroll of honour. The award was initiated in 1991-92 to offer a highest national tribute in the field of sports. The award was formulated to present the utmost honour for exceptional sporting performance, whether by an individual or a team in all sporting disciplines in a year.
Viswanathan Anand was the first person to receive Rajiv Gandh Khel Ratna Award.