JU SC/ST body organises special lectures on Ambedkar

18/04/2019

JAMMU, April 17: Special lecturers by Dr Dipanker Sengupta, Professor, Department of Economics, University of Jammu; Dr Satinder Bhagat, Associate Professo r, Department of Law, University of Jammu; and Special Invitee Er H.R. Phonsa described Babasa heb Dr B.R. Ambedkar as a 'global icon' for the marginalised people of India.
To mark the important anniversary of Babasaheb, the Jammu University SC/ST Employees Association organised special lectures on him in the Seminar Hall of Department of Computer Science & IT where a considerable number of University teachers, scholars, students, employees and eminent persons from all walks of life participated. Assistant Professor Dr Jaspal Barwal who acted as Stage Secretary welcomed the participants to the function and said that Dr B.R.Ambedjkar started his social work and spread the importance of Education. He helped the people fight for their rights and stand up to eradicate caste system. He even wrote a book on the 'Annihilation of Caste' wherein he discussed about the serious concern that plagued India, i.e. discrimination on the basis of caste, class, race and gender. It is due to his active participation in the social work that people began addressing him as 'Babasaheb. He is also popularly known as the father of our Indian Constitution as he played the important role in framing the Constitution of India.
Dr Satinder Bhagat while listing the achievements of Dr B.R. Ambedkar, said he from the very student days had absorbing interest in developing and understanding of the ancient and modern laws of India and the world. With time, he became an expert on different aspects of law and forged ahead of his contemporary jurists. What is noteworthy is that with his two doctorate degrees in economics and Bar-at-Law, Ambedkar had the highest qualification among the Indians and Asians of his time.
Professor Dipanker Sengupta said Dr Ambedkar began his career as an economist, making important contributions to the major economic debates. Under British rule when India Govt. was struggling with falling value of India rupee, Ambedkar wrote 'The Problem of Rupee, its origin and solution'. He focused his research on the condition of Indian currency during British India. He wrote research thesis on it. In his thesis, he argued that the gold exchange standard does not have stability. The developing countries like India cannot afford gold exchange standards, and besides this, it also increases the risk of inflation and price rise.
He proved with statistics date and reasons how the Indian Rupee has lost its value and hence the purchasing power of Rupee is falling. He suggested that Govt. deficit should be regulated and money should have a circular flow. He also suggested more attention should be given on price stability that exchange rate stability. This book eventually led to the establishment of 'Reserve Bank of India'.

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