Presented by the Indian Parliamentary Group, the outstanding Parliament award for the year 2010, 2011, 2012 were given to Jaitley, Singh and Yadav respectively at the Balyogi Auditorium in Parliament Library.
President said the award recognizes illustrious parliamentarians who have contributed significantly to the strengthen the country's democratic traditions and enrich the Parliamentary system.
He said that it honours the finest parliamentarians who have upheld the dignity of the House and have set exemplary precedents in Parliamentary conduct.
"They have been steadfast in their commitment to our country and its people. All of them have made substantial contributions to our parliamentary life," he said.
Complimenting the three award winners for their contribution to Parliament, Prime Minister Narendra Modi hoped that younger MPs would learn from the examples set by them.
Vice President Hamid Ansari, Lok Sabha Speaker Sumitra Mahajan and a host of other MPs were present on the occasion.