The Boxing Federation of India (BFI) has recommended the trio of Saweety Boora (81kg), Sonia Lather (57kg), and Sarjubala Devi (51kg) for the prestigious Arjuna award.
While Boora and Devi won the silver medal in the 2014 edition of the World Championship, Sonia was India's lone athlete to clinch silver at the 2016 edition.
Lather and Boora have also clinched silver at the Asian Championships in 2012 and 2015 respectively.
Devi, who is a former youth world champion, bagged a silver medal at the season-opening Nation's Cup in Serbia early this year.
Last year, World Championships bronze-medallist Shiva Thapa was the lone Indian boxer to be conferred with the coveted award.