The two have been selected for awards in the mens and womens category respectively.
The award has been instituted by the city-based World Konkani Centre and the Konkani Language and Cultural Foundation.
The award, sponsored by Vishwa Konkani Kendra chief patron and Manipal Global Education chairman T V Mohandas Pai, carries a cash prize of Rs 1 lakh each and citation.
The awards would be presented at a ceremony to be held here on November 20, a release here said.