Abstract Dr. BabasahebAmbedkar is one such great thinker, leader and intellectual of his time in India who has not only changed the life of millions of untouchables but also shaped India as the biggest democratic nation by writing its Constitution. Dr. Ambedkar is well known forhis fight against the Caste system in India, but what is not known is how Dr. BabasahebAmbedkarimpacted the Indian economy. He was one of the most outstanding intellectuals in India in the 20th century. His work in economics is noteworthy. His views on public finance and agriculture are landmarks in economics. Ambedkar’s commitment was to internal stability, and he was convinced that only an automatic system based on the gold standard with gold currency could achieve this desirable end. He was of the view that governments should spend the resources garnered from the public not only as per rules, laws, and regulations, but also to see that “faithfulness, wisdom, and economy”. Thus,Ambedkar’s thoughts on public finance and agriculture have vital relevance and are still applicable in the current situation in India. To enhance the productivity of agricultural sector, the government must take measures based on Dr. Ambedkar’s thought.
Mahadevagouda (Sat,) studied this question.