According to a report in "India Today", President Pranab Mukherjee will confer India's highest civilian award on Tendulkar at a ceremony to be held next month.
Tendulkar, who retired from international cricket on November 16, 2013, was chosen for Bharat Ratna honour on the same day.
The Master Blaster played his 200th and final Test against West Indies on that day at his home ground - Wankhede Stadium in Mumbai.
Tendulkar became the first sportsperson to be picked for Bharat Ratna. He and eminent scientist Prof. CNR Rao were chosen for the award last year.
In a press release on November 16, Prime Minister's Office (PMO) had said: "The Government has decided to confer, the Bharat Ratna, the highest civilian award on eminent scientist Prof C.N.R.Rao and cricket icon Sachin Tendulkar."
"Shri Sachin Tendulkar is undoubtedly an outstanding cricketer - a living legend who has inspired millions across the globe. During the last 24 years, since the young age of 16 years, Shri Tendulkar has played cricket across the world and won laurels for our country," the release said.
"He has been a true ambassador of India in the world of sports. His achievements in cricket are unparalleled, the records set by him unmatched, and the spirit of sportsmanship displayed by him exemplary. That he has been honoured with several awards is testimony to his extraordinary brilliance as a sportsman," it added.
At 40, Tendulkar is the youngest to be chosen for Bharat Ratna. He will be the 42nd recipient of the honour.
Last year, Tendulkar was nominated to the Rajya Sabha. The Mumbai cricketer has already received Padma Vibhushan (2008), Padma Shri (1999), Arjun Award (1994) and Rajiv Gandhi Khel Ratna (1997-98).