Indian economist and Nobel Laureate, Amartya Kumar Sen has been conferred with the ‘ 2021 Princess of Asturias Award’ by Spain in the social sciences category. Princess of Asturias Awards is annual prizes awarded by the Princess of Asturias Foundation in Spain to individuals, entities or organizations from around the world who make notable achievements in the sciences, humanities, and public affairs.
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The 87-year-old Sen was selected from 41 candidates of 20 nationalities for “His research on famines and his theory of human development, welfare economics and the underlying mechanisms of poverty have contributed to the fight against injustice, inequality, disease and ignorance”. The award comprises a cash prize of 50,000 Euros along with a Joan Miro sculpture representing and symbolising the award, a diploma and insignia.
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