According to reports, while Sharmila Tagore and Rajesh Khanna will be honoured with Padma Bhushan, Sridevi is up for a Padma Shree -- India's fourth highest civilian honour -- this year.
Khanna, who'd starred in many hit films along side Tagore including Aradhna and Safar, passed away last year and will be felicitated posthumously.
Meanwhile, Sridevi's smashing comeback in English Vinglish hasn't gone unnoticed.
The selection committee this year included actress Ratna Pathak Shah, scientist Anil Kakodkar and home secretary R K Singh, among others.