Chief Minister Devendra Fadnavis on Monday described Dr B R Ambedkar as one of the best economists in the world. During an interaction with over 150 members representing the Federation of Ambedkarites and Buddhist Organisations (FABO) in London, Fadnavis said, “It was unfortunate that Ambedkar’s scholarly works on economics have remained undiscussed for the last six decades. To common people, Ambedkar is known only for his struggle for social equality and justice. It is a fact that he relentlessly strived for the empowerment of Dalits and all sections of oppressed classes… Yet, some of the best works of Ambedkar on economics and development is not known.”
On the concluding day of his three-day tour to London, Fadnavis said, “My government will bring to limelight the scholarly works of Ambedkar, specially in the field of economics and development. The writings of Ambedkar will be placed in the memorial.”
“Ambedkar’s vision, which still connects with economic policies, will be pursued with greater zeal for greater socio-economic equality and state welfare,” he said.
Ambedkar was among the first Indians to pursue a doctorate in economics abroad. A professional economist, some of his popular thesis that have been published in book form includes: Administration and Finance of East India Company; The Evolution of Provincial Finance in British India; The Problems of the Rupee: Its Origin and Its Solution. “Babasaheb was way ahead of his times. His intellectual writings and policies on economics did not get the due they deserved six decades ago. But what he said is still relevant,” his grandson Prakash said.
“Whether it was setting up of the Finance Commission or the Reserve Bank of India, it was based on ideas reflected by Ambedkar,” Prakash, who heads the Bharip Bahujan Mahasangh party, said.