Abstract

In this chapter, I have analyzed economic thoughts of Dr. B. R. Ambedkar, mainly economic ideas reflected in his writings such as, ‘The Problem of Rupee: Its origin and its solution’, ‘The Evolution of Provincial Finance in British India: A Study in the Provincial Decentralization of imperial finance’, It can be said that Indian economy at present is facing many problems similar to that at the time of Dr. B. R. Ambedkar as instability of money leading to inflation, its socioeconomic implications and its unequal effects on various strata of society, uneconomical public expenditure and rising fiscal deficits, increasing inequalities of income and wealth, and so on. Are Ambedkar’s economic thoughts relevant to understand these problems as well as to provide its solutions? Analyzing his economic ideology, it can be said that India could have been more inclusive if his ideas had been followed in its true spirit. So we can say that India needs to follow his economic ideology in her short term as well as long term economic planning and policy making to shape Inclusive India.

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