The Reserve Bank of India was conceptualised per the guidelines presented by Dr Ambedkar to the Hilton Young Commission. His book- “Problem of the Rupee” served as a guidebook while establishing RBI.
Ambedkar emphasized the importance of land ownership for economic empowerment and called for land reforms to tackle inequalities in land distribution, influencing various economic policies.
Ambedkar's pivotal role in drafting the Indian Constitution significantly influenced the nation's economic and financial policies, covering areas such as finance, taxation, and economic development.
His advocacy for the equitable distribution of resources and opportunities influenced various financial initiatives and policies in independent India.