UGC Approved Journal no 63975(19)

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Published in:

Volume 9 Issue 12
December-2022
eISSN: 2349-5162

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

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Published Paper ID:
JETIR2212615


Registration ID:
506468

Page Number

g73-g80

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Title

Dr. B.R. AMBEDKAR AND THE EVOLUTION OF THE FEDERAL FINANCIAL SYSTEM PRIOR TO INDEPENDENCE IN INDIA - A THEORETICAL ASSESSMENT

Abstract

Dr. B.R. Ambedkar was a complex individual who, during his lifetime, had a significant influence on India's social, political, and economic life. His contributions to India have mostly gone unnoticed by economists. This article examines his important contributions to federal finance, a crucial area of economics. The first Indian to study economics overseas was Babasaheb Ambedkar. He had a distinctive personality and significantly influenced social, political, and economic life in India. His work on federal finance and his leadership in the establishment of independent India's Federal Finance serve as two major axes on which his contribution to public economics may be evaluated. Babasaheb Ambedkar's analysis of the country's public debt and tax structure between 1833 and 1919 had a significant impact on the evolution of India's financial system. Prior to independence, India's financial sector was dominated by a top-to-bottom decentralisation structure, emphasising the value of local decision-making. The process of cataloguing and comprehending how a topic interacts with its environment is known as describing a topic. It uses secondary sources that have pertinent data and knowledge for the subject at hand. Secondary research frequently makes use of the internet, libraries, archives, institutions, and other information sources. Ambedkar was able to highlight the shortcomings of British colonialism as a system and never shied away from confrontation. He had important policy positions during colonialism and had a just perspective when it came to development. He insisted on a federal financial system primarily for the benefit of the populace's economic health. The research article's theme is significant to the contemporary environment and relevant from a social and historical perspective.

Key Words

Economic Life, Financial System, Financial Sector, Decision-Making, Contemporary Environment and Historical Perspective.

Cite This Article

"Dr. B.R. AMBEDKAR AND THE EVOLUTION OF THE FEDERAL FINANCIAL SYSTEM PRIOR TO INDEPENDENCE IN INDIA - A THEORETICAL ASSESSMENT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 12, page no.g73-g80, December-2022, Available :http://www.jetir.org/papers/JETIR2212615.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

"Dr. B.R. AMBEDKAR AND THE EVOLUTION OF THE FEDERAL FINANCIAL SYSTEM PRIOR TO INDEPENDENCE IN INDIA - A THEORETICAL ASSESSMENT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 12, page no. ppg73-g80, December-2022, Available at : http://www.jetir.org/papers/JETIR2212615.pdf

Publication Details

Published Paper ID: JETIR2212615
Registration ID: 506468
Published In: Volume 9 | Issue 12 | Year December-2022
DOI (Digital Object Identifier):
Page No: g73-g80
Country: Serkkadu, Vellore District, Tamil Nadu, India .
Area: Arts
ISSN Number: 2349-5162
Publisher: IJ Publication


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