Kiran Desai's ``The Inheritance of Loss,'' a novel about globalization and its impact on a small Himalayan village, has won the United Kingdom's leading literary award 50,000-pound ($92,773) Man Booker Prize for fiction.
The Man Booker Prize for Fiction, also known as the Booker Prize, is one of the world's most prestigious literary prizes, awarded each year for the best original full-length novel written by a citizen of the Commonwealth or the Republic of Ireland in the English language.
The 35-year-old, India-born author Kiran Desai defeated competition from five other finalists including the bookmakers' favorite, ``The Night Watch'' by Sarah Waters, and ``In the Country of Men,'' a first novel by Hisham Matar set in Gaddafi's Libya.
Desai is the youngest female winner of the prize. She dedicated the novel to her mother and fellow novelist Anita Desai who has herself been nominated for the Booker prize three times, but has never won.
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