Veteran actor Amitabh Bachchan has been named for the prestigious Dada Sahab Phalke award for his outstanding contribution to the film industry. The award is conferred by the Government for outstanding contribution to the growth and development of Indian Cinema. It consists of a Swarn Kamal and a cash prize of Rs 10 lakh rupees. The 76-year-old screen icon, who rose to stardom with his 'Angry Young Man' persona capturing the anger of the young generation in the 1970s with films such as "Zanjeer", "Deewar" and "Sholay", continues to be a force to reckon with in Indian cinema.