UGC Approved Journal no 63975

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 8 Issue 7
July-2021
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2107411


Registration ID:
312668

Page Number

d181-d185

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Title

Economic Thoughts of Dr. B.R. Ambedkar

Authors

Abstract

Bharat Ratna dr. B. R . Ambedkar is known widely as a leader of oppressed classes who fought against caste system and untouchability but his contributions as an economist, humanist, socio-political scientist ,constitutional expert is often ignored which is shocking for our economic fraternity. He wrote three books on economics & suggested many measures for economic development. He holds double doctorate degrees. Dr. Ambedkar recommended the strategy of liberalization, globalization and privatization which was later implemented by the country in the year 1990. He saw caste system as a major impediment on the economic and social development front. He pointed out many loopholes in financial relation between the provincial and the imperial government under book entitled as “Evolution of Provincial finance in British India (1925)”. He showed that fiscal system was defective with destructive taxes and expenditure done by the government was unproductive.”Problem of Rupee: its origin and its solution” copes with the problem of exchange rate and price stability which he used to suggest ways to control inflationary pressure on Indian economy prevalent at that time which I believe can be used by contemporary economist in their area of study. In this paper I have discussed his works in the field of economics under headings like contribution to monetary economics & public finance , his views on Indian currency, economics of caste and untouchability, abolition of Khoti system, his views on public expenditure, contribution to public economics, Ambedkar on economic liberalization etc. This paper also suggests ways in which work of Ambedkar can be incorporated even today in policy making. His works are like guiding factors whose benefit can be reaped of with proper understanding of the subject matter.This paper will be really useful to contemplate his work . I believe this paper will make the researcher curious and will definitely open avenues to research more on Ambedkar’s economic findings. The sole priority of this paper is to present as simple as possible his view and how Ambedkar looked at issues dynamically and from the perspective of an economist.

Key Words

castes, downtrodden, division of labour, marginalised, economic analysis, humanist,upliftment.

Cite This Article

"Economic Thoughts of Dr. B.R. Ambedkar", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 7, page no.d181-d185, July-2021, Available :http://www.jetir.org/papers/JETIR2107411.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Economic Thoughts of Dr. B.R. Ambedkar", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 7, page no. ppd181-d185, July-2021, Available at : http://www.jetir.org/papers/JETIR2107411.pdf

Publication Details

Published Paper ID: JETIR2107411
Registration ID: 312668
Published In: Volume 8 | Issue 7 | Year July-2021
DOI (Digital Object Identifier):
Page No: d181-d185
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162


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