The decision between the three films that belong to different genres will be announced by 22nd September.
Oscar committee more than once has said that they prefer films rooted in culture and country's ethos.
Bhaag Milkha Bhaag is a story of human triumph and how he doesn't lose hope. While its an India film at core as it applauds an Indian hero in spirit, it appeals to all universally.
Most film makers believe that this year's choice should be the commercially successful and critically acclaimed movie that touched all hearts, BMB.
With about 160 countries fighting the race with one film each, India's final choice of film being the film based on human triumph, Bhaag Milkha Bhaag stands a better chance to make it in the top 5 list.
"I was not aware of this fact. For me what ever the honourable jury decides is acceptable", says Rakeysh Omprakash Mehra