- 'Late Dr Annasaheb Shinde Smruti Puraskar’ by Rayat Shikshan Sanstha, Sri Rampur, Maharashtra (September 30, 2013)
- Anna Bhau Sathe Sahitya Ratna Puraskar by Kala Rang, Pune (September 14, 2013)
- ‘Maharashtra Gaurav Puraskar 2013’, Maharashtra Gujarati Samaj, Mumbai (May 25, 2013)
- ‘Chaitanya Deep Puraskar’, Rotary Club of Parvati, Pune (April 07, 2013)
- ‘Maharishi Valmiki Rashtriya Samman’ by Champaran Sanskritik Mahostav Samiti, Motihari, Patna, Bihar (March 3, 2013)
- ‘Purushottam Award' P.K. Anna Patil Foundation, Shahda, Maharashtra, (October 9, 2012)
- ‘Distinguished Fellowship 2012 Award’, Institute of Directors, New Delhi (August 17, 2012)
- Maharashtra State 52nd Anniversary Award, Peoples’ Art Centre, Mumbai (May 1, 2012)
- Honourary D.Litt by Karnataka State Open University (KSOU) Mysore, (April 4, 2012)
- Honourary D.Litt by Kalinga Instituter of Social Services (KISS) Bhvaneshwar, (January 6, 2012)
- ‘Commander of the Order of Academic Palms’(Commandar dans l’ordre des Palmes), Government of France (2011)
- ‘Thomas Hart Benton Mural Medallion’ Indiana University, USA (2011)
- "Na. Ha. Apte Memorial Puraskar” for the book “Ravindranath Tagore Samagra Jeevant Darshan” Organised by Pune Martahi Granthalaya, Pune (December 7, 2011)
- Honorary D.Litt by Dr. D.Y. Patil University, Pune - March 18, 2011
- Degree of Doctor of Letters (Honoris Causa) by Sido-Kanhu Murmu University, Dumka, Jharkhand – March 26, 2011
- ‘Planner of the Year Award’ Journalist Federation of India (2011)
- ‘Role –Model for India Award’ CMS, Delhi (2011)
- ‘Indira Sant Puraskar’ for the book of Ravindranath Tagore’s Poem : ‘Bhayashoonya Chitta Jeth’ Apte Vachnalya, Ichalkaranji, Maharashtra (2011)
- ‘Savitribai Phule – Fatima Shaikh Award’ Shikshak Bharati, Maharashtra (2010)
- Elite Award- Excellence in Financial Communication, by Association of Business Communicators of India, Mumbai (November, 2010)
- Santdev Mamledar Yashwant Gaurav Purskar, by I-News, Satana-Nashik (June, 2010)
- Dr Bhimrao Ambedkar International Award, by Jivak Welfare Society, Nagpur (June, 2010)
- Dr Babasaheb Ambedkar Rashtriya Smruti Puraskar, by Marwadi Foundation, (February, 2010)
- Guruvarya Shankarrao Kanitkar Smruti Puraskar, by Modern Education and Progressive Society, Pune ( January, 2010)
- Jewel of Ruia Award, by Alumni Association of Ruia College, Mumbai (December, 2009)
- Bharat Shiromani Award, New Delhi ( September, 2009)
- Rajiv Gandhi Memorial Award for Excellence in Education Field, by Rajiv Gandhi Foundation, Mumbai (September, 2009)
- Excellence Award for Excellence in Education Field, by Top Management Consortium, (April 2009)
- Kesari Gaurav Sanman Award by Kesari Art and Culture Foundation (January 2009)
- Manohar Shikshan Ratna Puraskar by Manohar Pratishtan (January 2009)
- Nyayamurthi M.G.Ranade Puraskar by Rashtriya Samajik Parishad (2008)
- Yashwantrao Chavan Puraskar by Ahmednagar District Central Co-operative Bank. (2008)
- Mahatma Phule Puraskar (2008)
- Nashik Bhushan Puraskar, Rotary International, Nashik, (2008)
- Neminath Jain Award, Pune (2008)
- Bharat Jyoti Award by India International Society (2007)
- Srimanta Malojiraje Smriti Puraskar by Malojiraje Smriti Pratishtan, Phaltan (2007)
- Kritadnyata Gaurav Puraskar by Preeti Sangam Dyanprobodhini Sanstha, Karad (2007)
- Samajik Nyaya Puraskar by Nyaymoorti Ramshastri Prabhune Pratishtan (2007)
- Swami Vivekanand National Award by Ramkrishna-Vivekananda International Foundation (2007)
- Vocational Excellence Award by Rotary Club (2007)
- Netaji Subhashchandra Bose Sahitya Gaurav Puraskar by Jaihind Foundation, Satara (2007)
- Abhinav Bhushan Puraskar, Abhinav Global Foundation, 2007
- Adjunct Professor, Honour by XI’AN JIOTANG University, China (April 6, 2007)
- Lions Club International Award, (2006)
- All India Association of MBAs Award, (2006)
- Guruvarya Puraskar (Lokshikshan Puraskar), (2006)
- “Vishwa-Setu Award” for International Peace and Harmony (2005)
- ‘Sahitya Academy Award’ for the Punjabi version of the book ‘Amcha Baap Aan Amhi’ (2005)
- “Suryadatta Award" Award for Excellence in Banking and Finance (2005)
- "Maharashtra Ratna" Award for all-round contribution (2004)
- C.D. Deshmukh Award by Maharashtra Chamber of Commerce and Industry, Mumbai, for contribution to economic literacy (1997)
- FIE Foundation National Award for contribution to Indian culture (1997)
- All India Publishers’ Association Award for the book “Challenges to Indian Banking’ (1996)
- Mukadam Award for the Book "Aamcha Baap Aan Amhi", (1996)
- Asmita Darsha Award for the book "Dr. Ambedkar: Economic Thoughts and Philosophy"(1994)
- All India Publishers’ Association Award for the book ‘Monetary Economics for India’ (1994)
- Maharashtra Sahitya Parishad Award for the book: “Dr. Ambedkar: Economic Thoughts and Philosophy"(1993)
- Award for Outstanding Contribution to Economic Theory for the Ph.D. dissertation Indiana University, USA (1986)
- Best International Student Award by Indiana University, USA (1983).
- National Scholar in Economics Ministry of Education and Culture, Government of India (1981-86)
- Best Debater Award, Debating Competition Ruia College, Mumbai (1972)
- Late G.N.Akshikar Centenary Award, (Second Prize and Exceptional Performance in Marathi and Sanskrit), Chabildas High School, Mumbai (1969)