The award also carries a cash prize of Rs 1,00,000.
Iranian film 'Hayat' has bagged the Golden Plaque and Rs 50,000 from the international competition section.
The film depicts the determination of students to come out in flying colours in examinations.
Another Iranian film 'Album' has won the Silver Elephant prize plus Rs 50,000 as the best film in the Asian Panorama Section.
The Best Child Artist award was shared by Mahasa Sayeedi and Hamid Zaidi for their roles in Iranian films 'The Sqeaking Shoes' and 'Album' respectively.
Speaking before the presentation of awards, Union Minister for Urban Development and Culture, S Jaipal Reddy, promised all possible help to Children Film Society of India (CFSI), including a production facility from the Centre.
"Despite being the largest producer of films in the world, India still need to improve performance in production of films for children," Reddy said.
Union Minister of State for Coal, Dasari Narayana Rao, State Minister for Cinematography M Satyanarayana Rao, CFSI Chairperson Nafisa Ali Sodhi, film actors Jackie Shroff, Venkatesh, actresses Tabu, Suhasini and others participated in the progrmme.
About 172 films from 35 countries were screened during the week-long festival.
