All About Nobel Prizes

The Nobel Prize recognizes individuals and organizations for extraordinary contributions to science, peace, literature, and economics. The Nobel Prizes remain the world’s most prestigious international awards, established in accordance with the will of Alfred Nobel — the Swedish chemist, engineer, and inventor of dynamite — who wished to reward those bringing the “greatest benefit to mankind.”

About Nobel Prizes:

  • First awarded: 1901
  • Founder: Alfred Nobel (Sweden)
  • Number of categories: 6 (Originally 5; Economics added in 1968)
  • Awarded annually for: Achievements that advance human knowledge, peace, and welfare.

Each laureate receives:

  • A Gold Medal (symbol of honor and contribution)
  • A Diploma, signed by the awarding institution
  • A Cash Prize (approx. 11 million Swedish kronor in 2023 ≈ USD 1 million)

Nobel Prize 2025- Categories & Awarding Institutions:

CategoryPurpose / Field of RecognitionAwarded By
PhysicsDiscoveries explaining natural laws and universe mechanicsThe Royal Swedish Academy of Sciences
ChemistryAdvancements improving chemical understanding and life qualityThe Royal Swedish Academy of Sciences
Physiology or MedicineDiscoveries enhancing medical knowledge and human healthThe Nobel Assembly at Karolinska Institutet
LiteratureWorks enriching global literary heritageThe Swedish Academy
PeaceEfforts in promoting peace, resolving conflicts, and global harmonyThe Norwegian Nobel Committee
Economic Sciences (added in 1968)Contributions to economics and financial scienceThe Royal Swedish Academy of Sciences

Significance of Nobel Prize:

  • Represents global recognition of excellence and service to humanity.
  • Encourages innovation, creativity, and peacebuilding.
  • Inspires future generations of scientists, writers, and peace advocates.
  • Serves as a symbol of human progress and compassion.

Step-by-Step Nobel Selection Process:

  1. Nominations: Submitted by previous laureates, academicians, and select institutions.
  2. Evaluation: Expert committees review and assess all nominations.
  3. Decision: The Nobel Committees vote on final laureates.
  4. Announcement: Winners declared in October each year.
  5. Award Ceremony: Held on 10th December, marking Alfred Nobel’s death anniversary.

Nobel Laureates from India- Historical Overview:

YearLaureateCategoryContribution / Work
1913Rabindranath TagoreLiteratureProfoundly sensitive, humanistic poetry (“Gitanjali”)
1930C.V. RamanPhysicsDiscovery of the Raman Effect (light scattering)
1968Har Gobind KhoranaMedicineDecoding genetic code and protein synthesis
1979Mother TeresaPeaceHumanitarian service through Missionaries of Charity
1983Subrahmanyan ChandrasekharPhysicsTheoretical studies on stellar evolution (white dwarfs)
1998Amartya SenEconomic SciencesWelfare economics and social choice theory
2009Venkatraman RamakrishnanChemistryStructure and function of the ribosome
2014Kailash SatyarthiPeaceAdvocacy against child labor and for children’s rights
2019Abhijit BanerjeeEconomic SciencesExperimental approach to global poverty reduction

Nobel Peace Prize– Role and Relevance:

  • Recognizes individuals or organizations advancing peace, conflict resolution, and humanitarian causes.
  • Strengthens the UN Sustainable Development Goal (SDG) 16: Peace, Justice, and Strong Institutions.

Key Facts

  • Headquarters of Nobel Foundation: Stockholm, Sweden
  • Peace Prize awarded in: Oslo, Norway (by Norwegian Nobel Committee)
  • First Nobel Laureate in the World: Wilhelm Conrad Roentgen (Physics, 1901)
  • Nobel Prize for Economic Sciences (official name): Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel

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