Genre: Economics / Monetary Policy / Indian History
Description
The Problem of the Rupee: Its Origin and Its Solution is a landmark work by Dr. B. R. Ambedkar that continues to shape discussions on India’s economic and monetary policies. Originally written as his doctoral thesis at the London School of Economics, this book offers a powerful critique of British colonial financial practices and their lasting effects on India’s economy.
Ambedkar provides a meticulous historical and analytical account of the rupee’s evolution — from the silver standard to the introduction of the gold exchange standard — and exposes the structural flaws that led to currency instability. His clear economic reasoning and innovative recommendations ultimately influenced the establishment of the Reserve Bank of India (RBI) and guided India’s post-independence monetary strategy.
More than an economic document, this is a testament to Ambedkar’s vision of economic self-reliance and justice. He argued that monetary stability was essential not just for trade but for the dignity and progress of the nation’s people. This 2025 Aedha Imprints edition preserves the original text with modern, reader-friendly formatting — an indispensable volume for economists, policymakers, and all who wish to understand the financial roots of India’s freedom struggle.
Key Features
Comprehensive study of Indian currency under British rule
Ambedkar’s critique of colonial monetary policy
Intellectual foundation for the Reserve Bank of India
Essential reference for economics and history students
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