Ambedkar was voted as the “Greatest Indian” in 2012 by a poll organised by History TV18 and CNN IBN. He was an Indian jurist, politician, philosopher, anthropologist, historian and economist. As independent India’s first law minister, he was principal architect of the Constitution of India. He was posthumously awarded the Bharat Ratna, India’s highest civilian award, in 1990.
By 1912, he obtained his degree in economics and political science. He passed his M.A. exam in June 1915, majoring in Economics, with Sociology, History, Philosophy and Anthropology. He presented a thesis, Ancient Indian Commerce. In 1916 he completed his second thesis, National Dividend of India-A Historic and Analytical Study for another M.A.and finally he received his Ph.D. in Economics in 1917 for his third thesis, after he left for London. In October 1916 he enrolled for the Bar course at Gray’s Inn, and also at the same time enrolled at the London School of Economics where he started work on a doctoral thesis. His thesis was on “Indian Rupee”. At the London School Of Economics he took a Master’s degree in 1921 and in 1923 he took his D.Sc.in Economics, and the same year he was called to the Bar by Gray’s Inn. His third and fourth Doctorates (Ll.D, Columbia, 1952 and Ll.D., Osmania, 1953) were conferred honoris causa. He wrote three scholarly books on economics:
- Administration and Finance of the East India Company,
- The Evolution of Provincial Finance in British India, and
- The Problem of the Rupee: Its Origin and Its Solution
The Reserve Bank of India (RBI), formed in 1934, was based on the ideas that Ambedkar presented to the Hilton Young Commission. Read more & Watch the video…