THE ROLE OF DR. BABASAHEB AMBEDKAR'S ECONOMIC THOUGHTS IN THE OVERALL DEVELOPMENT OF INDIA

Dr. Babasaheb Ambedkar spent his entire life for the welfare of the downtrodden, Dalit, marginalized, deprived classes and women of all societies. Therefore, the fundamental economic thoughts presented by Dr. Babasaheb Ambedkar in the 20th century are still very important in the 21st century. Because he presented his thoughts on a very difficult subject in the form of a thesis in a simple manner. That is why Dr. Amartya Sen considers Dr. Babasaheb Ambedkar as a guru in economics. Dr. Amartya Sen's 'Economics of Poverty' is the same as Dr. Babasaheb Ambedkar's 'Economics of Poverty'. Babasaheb Ambedkar had presented in his writings how the elements of political science, sociology and religion dominated in his 'Economics of Poverty'. Dr. Babasaheb Ambedkar was an unusually talented personality who did very valuable work in various fields such as law, sociology, political science, anthropology and social work, religion, politics and journalism. Dr. Babasaheb Ambedkar was a social reformer and social thinker, but it is clear from his various works that he was a great economist. Dr. Babasaheb Ambedkar was a deep expert in economics.

Dr. Babasaheb Ambedkar, through his management, fearlessly expressed his thoughts on the issues of landlessness, labor, small-scale land, Khotpaddat , Maharavatan, community agriculture, land revenue and abolition of landlordism. If we take the economic thoughts of Dr. Babasaheb Ambedkar in the overall development of India, it becomes clear how important the role of his economic thoughts is. Although this is true, in the current situation, the system of exploitation continues in the country and the picture of price rise, poor, unemployment, poverty and economic and social inequality is becoming acute in the country. In such a situation, Dr. Babasaheb Ambedkar's economic thoughts are still needed to strengthen the backbone of the Indian economy and establish economic equality in the country. Dr. Therefore, Dr. Babasaheb Ambedkar is a sun of economic revolution that will never set, illuminating the world.