The first Indian economist to win the Nobel Prize was
The Nobel Prize is a set of prestigious international awards presented annually in the fields of Physics, Chemistry, Physiology or Medicine, Literature, Peace, and Economic Sciences. Established by Alfred Nobel’s will, the prizes recognize outstanding contributions to humanity across various disciplines.
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The first Indian economist to win the Nobel Prize was Amartya Sen. He was awarded the Nobel Prize in Economic Sciences in 1998 for his significant contributions to welfare economics and his work on the causes of poverty, famine, and development. Amartya Sen’s research has focused on understanding and improving the well-being of individuals, particularly in the context of social choice theory and the capability approach. His groundbreaking ideas have had a profound impact on economic and social policy, emphasizing the importance of considering human capabilities and freedoms in the assessment of economic development. Amartya Sen’s Nobel Prize recognition solidified his position as a leading figure in the field of economics and a champion of social justice and human rights.