The Parliamentary Standing Committee on Defence overwhelmingly expressed its gratitude towards each and every soldier and officer 'martyred' or injured in the incident.
The face-off between Indian and PLA troops came after Indian soldiers were prevented from reaching their patrolling points.
After months of denial, China accepts its four soldiers were killed in Galwan Valley clash; releases video
Central Military Commission of China also informed that a soldier of the rank of colonel, who led at Galwan Valley was seriously injured and was conferred with an honorary title on Friday.
Chen Hongjun, Chen Xiangrong, Xiao Siyuan and Wang Zhuoran did a fierce struggle against foreign troops that violated an agreement and crossed into the Chinese side, a report said.
China has never publicly declared the number of casualties they suffered in the clash which resulted in the death of 20 Indian soldiers.
Colonel Babu, the commanding officer of the 16 Bihar regiment, was among 20 Indian soldiers who laid down their lives in the fierce hand-to-hand combat on June 15 last year in the Galwan Valley
The Indian Army top brass recommended that soldiers who took on Chinese troops in the Galwan valley clash should be awarded the war-time chakra series awards.
The Galwan Valley clash had escalated the border row in eastern Ladakh and resulted in a large deployment of troops and heavy weaponry by both the armies in the friction points.
Various safety measures were put in place for the one-day session, including setting up of a coronavirus testing facility at the assembly for its staff and legislators.
Border standoff: After Galwan Valley, now Pangong Tso Lake becomes latest flashpoint between India, China
Sources said nearly 200 PLA troops accompanied with the armoured vehicles were part of the attempted ingress on the Southern Bank of Pangong Tso Lake.
Gen Rawat, who has been part of the top military brass strategising on the Sino-India border issue, said a 'whole of government' approach is being followed to peacefully resolve the row.
There has been outpouring of support from top American lawmakers, across the aisle, against Chinese efforts to grab Indian territories.
Earlier this month, India kept in place tariffs on Chinese-made solar power products that were imposed to protect its own manufacturers.