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Thursday, March 24, 2011

NOBEL PRIZE

Alfred Nobel (1833 - 1896) - Chemist, Inventor, and Engineer , and Founder of The Nobel Peace Prize.
Alfred Nobel was born in Stockholm on October 21, 1833.
He was well known for dynamite and detonating caps.

WHY HE STARTED NOBEL PRIZE AND ORG :

In the 1860s, after finishing his research in the area of explosives, he returned to Sweden, and began to develop nitro-glycerine. This was extremely dangerous at the time, and an explosion occurred at a factory he built in 1864 and killed several people, including his brother.
The Swedish authorities then prohibited the production of nitro-glycerine within the Stockholm city limits, forcing Nobel to work elsewhere.
He did so on a barge, but the awkwardness of the working space did not stop Nobel, and indeed, in 1867, he succeeded in producing dynamite in the form of a paste mixture of nitro-glycerine and silica. He also invented the blasting cap to aid detonation, and the smokeless gunpowder, ballistite. These inventions may have brought wealth and fortune to Nobel, but they were quickly used by countries around the world as weapons of mass destruction.
Towards the end of Nobel’s life, he had amassed a huge amount of money. He also bitterly rued the fact that dynamite was being used in such a cruel way. In his will, he dedicated his entire wealth and fortune to those who had "conferred the greatest benefit on mankind". This was how the Nobel Prizes started.
And in 1901, five years after Nobel’s death, the first 5 prizes in physics, chemistry, physiology and medicine, peace, and literature were awarded. The sixth category, economics, was founded in 1969.

PRIZE MONEY :

Since 1901 when the prize money was 150,000 the amount has increased by 6667% to today's amount of 10 million. Most of the money given to the prize winners usually is used to pay back loans for the research. With research today the cost of paying back loans for all the research could cost much more than 10 million.


NOBEL PRIZES:

The Nobel Prize, this award does not originate from the legacy of Alfred Nobel, but was founded by the Swedish central bank in 1968
The Nobel prize has been awarded 829 times, whereof 23 awards are affiliated with organizations

NOBEL  Laureates FROM INDIA :

Rabindranath Tagore -Nobel Prize for Literature (1913)
Sir Chandrasekhar Venkata Raman (C.V. Raman)-Nobel Prize for Physics (1930)
Mother Teresa (1910 – 1997) -Nobel Prize for peace (1979)
Dr. Amartya Sen – Nobel Prize for Economics (1998)
Venkatraman Ramakrishnan –Nobel Prize for Chemistry (2009)
Dr. Har Gobind Khorana –Nobel Prize for Medicine and Physiology (1968)
Dr. Subramanyan Chandrasekhar – Nobel Prize for physics (1983)
V.S. Naipaul – Nobel Prize for Literature (2001)

RELATED TO INDIA :
Sir Ronald Ross –Nobel Prize for Physiology (1902)
Rudyard Kipling –Nobel Prize for Literature (1907)

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