Abstract

Dr. B.R. Ambedkar's approach to economics was significant and founded on his expertise in comprehending issues at their most fundamental level. He had a profound awareness of both the British financial system and the pattern of the Indian rupee's exchange value. He explains the importance of the "medium of exchange" in stabilising any currency through its supply and demand networks. He was a first-generation Indian economist who earned degrees from the London School of Economics and Columbia University in the United States. He was the first to advocate for monetary and fiscal reform in India. In my paper, I will try to understand his analysis of the growth of Indian modern currency and the financial weaknesses during British India.

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