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ECONOMIC IDEAS OF DR. B.R. AMBEDKAR AND THEIR ECONOMIC RELEVANCE

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Name: Jasmeet Kaur
Country: India
Publication Details
Year: 2024
Volume: Volume-9, Issue-2 (July-December)
Page Number: 52-54
Abstract
Ambedkar had PhD degrees in economics from the USA's Columbia University and the London School of Economics. He was briefly also a Professor of Political Economy in Mumbai's Sydenham College of Commerce and Economic.
Being an economist, Ambedkar was never bound on the altar of orthodox thought and –ism. Dr BR Ambedkar is primarily remembered as a political leader, but he was also an accomplished economist. He was among the few leaders, who made colossal contributions to caste and currency, untouchability and unemployment, public expenditure and poverty removal. Ambedkar was a passionate builder of the nation. All sections of the society deprived of power will be heard. He was pragmatic on many issues of national importance, and his solutions were in line with the problems even in the globalization period. Ambedkar knew about the whirlpool of the nation building that is going to come hence proposed ways to build the nation. He ushered in the principles under which contemporary India sought to guarantee human rights through legal enshrinement for the vulnerable. Today, India is going through a very crucial phase. Ambedkar has recommended structural mechanism to deal with situation.
KEYWORDS: Economic Ideas, Land Reforms, Currency System, Public finance, Agiculture and Industrialisation.
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