{"id":172,"date":"2025-12-06T05:55:22","date_gmt":"2025-12-06T05:55:22","guid":{"rendered":"https:\/\/www.stockmaster.in\/story-markets\/?p=172"},"modified":"2025-12-06T05:55:21","modified_gmt":"2025-12-06T05:55:21","slug":"dr-babasaheb-ambedkar-the-untold-economist-who-warned-india-about-markets-money-monopoly","status":"publish","type":"post","link":"https:\/\/www.stockmaster.in\/story-markets\/dr-babasaheb-ambedkar-the-untold-economist-who-warned-india-about-markets-money-monopoly\/","title":{"rendered":"Dr. Babasaheb Ambedkar: The Untold Economist Who Warned India about Markets, Money &#038; Monopoly"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-180 alignleft\" src=\"https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1-200x300.jpeg\" alt=\"A highly detailed, realistic portrait of Dr. Babasaheb Ambedkar painted in classic oil style, showing him in a navy blue suit, tie and round glasses, with a dignified expression against a warm textured background.\" width=\"231\" height=\"347\" srcset=\"https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1-200x300.jpeg 200w, https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1-683x1024.jpeg 683w, https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1-768x1152.jpeg 768w, https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1.jpeg 974w\" sizes=\"(max-width: 231px) 100vw, 231px\" \/><\/p>\n<p style=\"text-align: justify;\"><em><strong>6 December<\/strong> is observed with remembrance and respect. On this day, India usually thinks of Dr. Babasaheb Dr. Babasaheb Ambedkar as the <strong>architect of the Constitution<\/strong>, champion of social equality, and leader of justice.<\/em><br \/>\n<em>But there is a side of Dr. Babasaheb Ambedkar that very few Indians know:<\/em><\/p>\n<p style=\"text-align: justify;\">\ud83d\udc49 <strong>Dr. Babasaheb Ambedkar was also the most advanced financial economist of modern India.<\/strong><br \/>\n\ud83d\udc49 He was deeply aware of <strong>capital markets, exchanges, speculation, inflation, banking, currency and stock pricing<\/strong>.<br \/>\n\ud83d\udc49 His ideas were so ahead of time that even today they explain many problems we see in the <strong>Indian stock market<\/strong>.<\/p>\n<p style=\"text-align: justify;\">This article reveals the <strong>economic and market insights of Dr. Babasaheb Ambedkar<\/strong> that most Indian investors, traders and policymakers have never heard about.<\/p>\n<h2>Dr. Babasaheb Ambedkar \u2013 The First Indian with a Doctorate in Finance &amp; Monetary Economics<\/h2>\n<p style=\"text-align: justify;\">Before India had a Planning Commission, before Stock Exchange became the economic symbol of Mumbai, even before RBI existed \u2014 <strong>Dr. Babasaheb Ambedkar was studying financial markets in London and New York.<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>PhD \u2013 Columbia University (1917)<\/strong><br \/>\n<em>Thesis:<\/em> <em>\u201cAdministration and Finance of the East India Company\u201d<\/em><br \/>\n\u2192 Explained <strong>company finance, stocks, trading, dividends and speculative behaviour<\/strong> in the East India Company.<\/li>\n<li><strong>DSC (Doctor of Science) \u2013 London School of Economics (1923)<\/strong><br \/>\n<em>Thesis:<\/em> <em>\u201cThe Problem of the Rupee \u2013 Its Origin and Its Solution\u201d<\/em><br \/>\n\u2192 Focused on <strong>currency, inflation, interest rates, and stabilisation of Indian markets<\/strong>.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">He was studying <strong>free markets and financial behaviour<\/strong> when most Indian leaders were focused only on politics.<\/p>\n<p>He understood that <strong>without economic strength, political freedom has no value.<\/strong><\/p>\n<p>His famous line:<\/p>\n<p>\u201cPolitical democracy cannot succeed without social and economic democracy.\u201d<\/p>\n<h3>Dr. Babasaheb Ambedkar &amp; The Birth of the Reserve Bank of India (RBI)<\/h3>\n<h4>Most Indians don\u2019t know this:<br \/>\n\ud83d\udc49 The RBI was created on the basis of Dr. Babasaheb Ambedkar\u2019s recommendations.<\/h4>\n<p>His analysis in <em>\u201cThe Problem of the Rupee\u201d<\/em> was used by the <strong>Hilton Young Commission<\/strong>, which recommended the creation of RBI.<\/p>\n<p>Key ideas he gave:<\/p>\n<p>\u2713 India needs an <strong>independent central bank<\/strong>, not controlled by big traders or politicians.<br \/>\n\u2713 Currency must be <strong>protected from speculative trading<\/strong>.<br \/>\n\u2713 Interest rates must support <strong>industry, farmers and savings<\/strong>.<\/p>\n<p>His <strong>warning<\/strong>:<\/p>\n<p>\u201cWithout control over credit, markets will become a field of monopoly and exploitation.\u201d<\/p>\n<p>This is exactly what we see in stock markets when:<\/p>\n<ul>\n<li>a few big operators control prices,<\/li>\n<li>retail investors lose,<\/li>\n<li>rumours move the market.<\/li>\n<\/ul>\n<p>Dr. Babasaheb Ambedkar predicted this 100 years ago.<\/p>\n<h3>Dr. Babasaheb Ambedkar On Stock Market Speculation \u2013 A Hidden Chapter<\/h3>\n<p style=\"text-align: justify;\">Dr. Babasaheb Ambedkar reviewed <strong>how trading worked in Bombay Stock Exchange<\/strong> during British times.<\/p>\n<p style=\"text-align: justify;\">He observed that:<\/p>\n<ul style=\"text-align: justify;\">\n<li>few wealthy groups controlled prices,<\/li>\n<li>manipulated markets,<\/li>\n<li>and common people had no access to financial knowledge.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">His writings mentioned:<\/p>\n<p style=\"text-align: justify;\">\u201cSpeculation without knowledge is gambling. And gambling disguised as finance is the ruin of nations.\u201d<\/p>\n<p style=\"text-align: justify;\">He differentiated two behaviours:<\/p>\n<table>\n<thead>\n<tr>\n<td><strong>Bad Speculation<\/strong><\/td>\n<td><strong>Good Investment<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Rumours<\/td>\n<td>Research<\/td>\n<\/tr>\n<tr>\n<td>Operators<\/td>\n<td>Industry<\/td>\n<\/tr>\n<tr>\n<td>Quick profit<\/td>\n<td>Long-term growth<\/td>\n<\/tr>\n<tr>\n<td>Gambling mindset<\/td>\n<td>Productive capital<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>He believed <strong>markets should fund industry, not enrich manipulators.<\/strong><\/p>\n<h3>His Fight Against Monopoly Capitalists<\/h3>\n<p>Dr. Babasaheb Ambedkar warned that <strong>India\u2019s economy will be captured by a few families<\/strong> if financial rules are weak.<\/p>\n<p>He documented how <strong>mill owners, traders and brokers<\/strong> dominated Bombay markets.<\/p>\n<p>His solution was <strong>state regulation<\/strong>, not to destroy markets but to make them ethical.<\/p>\n<p>He said:<\/p>\n<p>\u201cCompetition must be real. Without regulation, it becomes competition among wolves and lambs.\u201d<\/p>\n<p>This is the foundation of <strong>modern SEBI thinking<\/strong>.<\/p>\n<h3>Dr. Babasaheb Ambedkar &amp; Labour Rights in Financial Markets<\/h3>\n<p>Dr. Babasaheb Ambedkar was not against business.<br \/>\nHe was against <strong>exploitation while doing business<\/strong>.<\/p>\n<p>He introduced:<\/p>\n<ul>\n<li><strong>8-hour workday<\/strong><\/li>\n<li><strong>Compulsory paid leave<\/strong><\/li>\n<li><strong>Minimum wages<\/strong><\/li>\n<li><strong>Labour insurance<\/strong><\/li>\n<li><strong>Employee Provident Fund<\/strong><\/li>\n<\/ul>\n<p>These rules later spread into <strong>financial institutions and stock market companies<\/strong>.<\/p>\n<p>Today when you see:<\/p>\n<ul>\n<li>PF,<\/li>\n<li>gratuity,<\/li>\n<li>labour welfare funds,<\/li>\n<\/ul>\n<p>remember \u2014 <strong>Dr. Babasaheb Ambedkar drafted them.<\/strong><\/p>\n<p>He believed <strong>wealth must circulate<\/strong>:<\/p>\n<blockquote><p>\u201cWealth, if not shared, becomes a fortress of power.\u201d<\/p><\/blockquote>\n<h3>Dr. Babasaheb Ambedkar Wanted Financial Literacy for Common People<\/h3>\n<p>In 1930s itself, Dr. Babasaheb Ambedkar wrote:<\/p>\n<p>\u201cIndian people are denied knowledge of finance. Without financial education, they remain at the mercy of others.\u201d<\/p>\n<p>He wanted:<\/p>\n<ul>\n<li>schools to teach <strong>money, savings, investments<\/strong><\/li>\n<li>workers to learn <strong>banking<\/strong><\/li>\n<li>farmers to understand <strong>credit cycle<\/strong><\/li>\n<\/ul>\n<p>He believed <strong>financial education was as important as political rights.<\/strong><\/p>\n<p>Imagine if this happened at national scale:<\/p>\n<ul>\n<li>fewer scams<\/li>\n<li>fewer emotional trades<\/li>\n<li>more research-driven investment<\/li>\n<\/ul>\n<p>Dr. Babasaheb Ambedkar was <strong>100 years ahead<\/strong> in vision.<\/p>\n<h3>Dr. Babasaheb Ambedkar\u2019s Concept of Inclusive Capitalism<\/h3>\n<p>Dr. Babasaheb Ambedkar did not want capitalism to be crushed.<br \/>\nHe wanted capitalism to be <strong>inclusive<\/strong>.<\/p>\n<p>His idea:<\/p>\n<blockquote><p>\u201cFactories must not only make profit; they must make citizens.\u201d<\/p><\/blockquote>\n<p>He argued:<\/p>\n<ul>\n<li>employers must share wealth with workers,<\/li>\n<li>state must protect competition,<\/li>\n<li>small investors must be included.<\/li>\n<\/ul>\n<p>Today when we talk of:<\/p>\n<ul>\n<li>ESOPs,<\/li>\n<li>mutual funds giving access to common people,<\/li>\n<li>SIP investments,<\/li>\n<\/ul>\n<p>these are reflections of <strong>inclusive capitalism<\/strong> Dr. Babasaheb Ambedkar dreamed about.<\/p>\n<h3>Land, Agriculture &amp; Commodity Markets<\/h3>\n<p>Dr. Babasaheb Ambedkar knew that <strong>market volatility affects farmers first.<\/strong><\/p>\n<p>He studied how price manipulation destroyed:<\/p>\n<ul>\n<li>cotton farmers,<\/li>\n<li>mill workers,<\/li>\n<li>small traders.<\/li>\n<\/ul>\n<p>He suggested:<\/p>\n<ul>\n<li><strong>regulated warehouses<\/strong><\/li>\n<li><strong>fair commodity pricing<\/strong><\/li>\n<li><strong>co-operative markets<\/strong><\/li>\n<\/ul>\n<p>He wanted farmers to get <strong>market information<\/strong>, so they don\u2019t get cheated.<\/p>\n<p>His idea is modern:<\/p>\n<ul>\n<li>MSP<\/li>\n<li>APMC<\/li>\n<li>regulated commodity exchanges<\/li>\n<\/ul>\n<p>are all <strong>extensions of his economic vision.<\/strong><\/p>\n<h3>Dr.<strong> Babasaheb Ambedkar &amp; Gold: Why He Distrusted Gold Fetish<\/strong><\/h3>\n<p>Dr. Babasaheb Ambedkar wrote about how Indians waste savings in gold:<\/p>\n<p>\u201c<a href=\"https:\/\/www.stockmaster.in\/gold-price-live\/\">Gold<\/a> is dead capital. It does not create industry, does not create jobs.\u201d<\/p>\n<p>He preferred:<\/p>\n<ul>\n<li>banking,<\/li>\n<li>insurance,<\/li>\n<li>productive investment<\/li>\n<\/ul>\n<p>He recommended:<\/p>\n<ul>\n<li>gold standard currency must end<\/li>\n<li>India must move to <strong>managed paper currency<\/strong><\/li>\n<li>investment should come to <strong>industry<\/strong><\/li>\n<\/ul>\n<p>Today RBI policy follows this logic.<\/p>\n<h3>Dr. Babasaheb Ambedkar &amp; Inflation<\/h3>\n<p>He studied inflation deeply.<\/p>\n<p>His finding:<\/p>\n<blockquote><p>\u201cInflation is a tax on the poor and a reward to the rich.\u201d<\/p><\/blockquote>\n<p>When prices rise:<\/p>\n<ul>\n<li>workers suffer,<\/li>\n<li>investors holding assets gain.<\/li>\n<\/ul>\n<p>He recommended:<br \/>\n\u2713 stable money supply<br \/>\n\u2713 central bank control<br \/>\n\u2713 responsible government spending<\/p>\n<p>This is the foundation of <strong>modern monetary policy.<\/strong><\/p>\n<h3>Why Dr. Babasaheb Ambedkar Would Warn Today\u2019s Retail Traders<\/h3>\n<p>If Dr. Babasaheb Ambedkar saw today\u2019s stock trading apps, he would warn:<\/p>\n<ul>\n<li>Emotional trading<\/li>\n<li>F&amp;O gambling<\/li>\n<li>Herd mentality<\/li>\n<li>Blind tips<\/li>\n<li>Social media hype<\/li>\n<\/ul>\n<p>He would say:<\/p>\n<blockquote><p>\u201cSpeculation without knowledge is slavery to others\u2019 decisions.\u201d<\/p><\/blockquote>\n<p>He would promote:<\/p>\n<ul>\n<li>research<\/li>\n<li>fundamentals<\/li>\n<li>patience<\/li>\n<li>long-term wealth creation<\/li>\n<\/ul>\n<p>He would be against:<\/p>\n<ul>\n<li>operator-driven pump &amp; dump stocks<\/li>\n<\/ul>\n<p>Dr. Babasaheb Ambedkar always supported <strong>reason over emotion.<\/strong><\/p>\n<h3>Why Dr. Babasaheb Ambedkar is Still Relevant to Markets Today<\/h3>\n<p>Look at India today:<\/p>\n<ul>\n<li>retail traders lose money<\/li>\n<li>operators control small caps<\/li>\n<li>rumours move markets<\/li>\n<li>financial literacy is low<\/li>\n<\/ul>\n<p>Dr. Babasaheb Ambedkar predicted all this.<\/p>\n<p>His solution:<\/p>\n<ul>\n<li>strong regulation \u2192 SEBI<\/li>\n<li>independent central bank \u2192 RBI<\/li>\n<li>education for masses \u2192 financial literacy<\/li>\n<li>protection for poor \u2192 labour laws<\/li>\n<\/ul>\n<p>His vision is <strong>not finished<\/strong>.<\/p>\n<p>India still needs:<\/p>\n<ul>\n<li>education in financial thinking<\/li>\n<li>protection of small investors<\/li>\n<li>ethical industry<\/li>\n<\/ul>\n<h3>6 December: A Day to Remember His Economic Mind<\/h3>\n<p>Whenever 6 December arrives, people focus on only one part \u2014 his social contribution.<\/p>\n<p>But Dr. Babasaheb Ambedkar was also:<\/p>\n<ul>\n<li>world-class economist<\/li>\n<li>banking expert<\/li>\n<li>stock market analyst<\/li>\n<li>currency theorist<\/li>\n<li>labour reformer<\/li>\n<li>finance minister of his own mind<\/li>\n<\/ul>\n<p>India honours him mostly for <strong>Constitution<\/strong>, but his <strong>economic legacy<\/strong> is equally extraordinary.<\/p>\n<h4>Conclusion: Dr. Babasaheb Ambedkar\u2019s Message to Today\u2019s Investors<\/h4>\n<p>If Dr. Babasaheb Ambedkar could speak to Indian investors today, his message would be:<\/p>\n<ol>\n<li><strong>Study before you invest.<\/strong><\/li>\n<li><strong>Markets must be ethical, not exploitative.<\/strong><\/li>\n<li><strong>Long-term wealth is created by productive capital, not gambling.<\/strong><\/li>\n<li><strong>Protect the weak, regulate the powerful.<\/strong><\/li>\n<li><strong>Economic democracy is as important as political democracy.<\/strong><\/li>\n<\/ol>\n<p>His vision was clear:<\/p>\n<blockquote><p>\u201cWithout economic power in the hands of the many, democracy is only a shell.\u201d<\/p><\/blockquote>\n<p>The Indian stock market is not just a financial playground.<br \/>\nIt is a stage where <strong>economic justice<\/strong> is performed every day.<\/p>\n<blockquote><p>6 December is not only a day of mourning.<br \/>\nIt is a day to remember the <strong>brilliant economic architect of modern India.<\/strong><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>6 December is observed with remembrance and respect. On this day, India usually thinks of Dr. Babasaheb Dr. Babasaheb Ambedkar as the architect of the Constitution, champion of social equality, and leader of justice. But there is a side of Dr. Babasaheb Ambedkar that very few Indians know: \ud83d\udc49 Dr. Babasaheb Ambedkar was also the most advanced financial economist of modern India. \ud83d\udc49 He was deeply aware of capital markets, exchanges, speculation, inflation, banking, currency and stock pricing. \ud83d\udc49 His ideas were so ahead of time that even today they explain many problems we see in the Indian stock market. This article reveals the economic and market insights of Dr. Babasaheb Ambedkar that most Indian investors, traders and policymakers have never heard about. Dr. Babasaheb Ambedkar \u2013 The First Indian with a Doctorate in Finance &amp; Monetary Economics Before India had a Planning Commission, before Stock Exchange became the economic symbol of Mumbai, even before RBI existed \u2014 Dr. Babasaheb Ambedkar was studying financial markets in London and New York. PhD \u2013 Columbia University (1917) Thesis: \u201cAdministration and Finance of the East India Company\u201d \u2192 Explained company finance, stocks, trading, dividends and speculative behaviour in the East India Company. DSC (Doctor of Science) \u2013 London School of Economics (1923) Thesis: \u201cThe Problem of the Rupee \u2013 Its Origin and Its Solution\u201d \u2192 Focused on currency, inflation, interest rates, and stabilisation of Indian markets. He was studying free markets and financial behaviour when most Indian leaders were focused only on politics. He understood that without economic strength, political freedom has no value. His famous line: \u201cPolitical democracy cannot succeed without social and economic democracy.\u201d Dr. Babasaheb Ambedkar &amp; The Birth of the Reserve Bank of India (RBI) Most Indians don\u2019t know this: \ud83d\udc49 The RBI was created on the basis of Dr. Babasaheb Ambedkar\u2019s recommendations. His analysis in \u201cThe Problem of the Rupee\u201d was used by the Hilton Young Commission, which recommended the creation of RBI. Key ideas he gave: \u2713 India needs an independent central bank, not controlled by big traders or politicians. \u2713 Currency must be protected from speculative trading. \u2713 Interest rates must support industry, farmers and savings. His warning: \u201cWithout control over credit, markets will become a field of monopoly and exploitation.\u201d This is exactly what we see in stock markets when: a few big operators control prices, retail investors lose, rumours move the market. Dr. Babasaheb Ambedkar predicted this 100 years ago. Dr. Babasaheb Ambedkar On Stock Market Speculation \u2013 A Hidden Chapter Dr. Babasaheb Ambedkar reviewed how trading worked in Bombay Stock Exchange during British times. He observed that: few wealthy groups controlled prices, manipulated markets, and common people had no access to financial knowledge. His writings mentioned: \u201cSpeculation without knowledge is gambling. And gambling disguised as finance is the ruin of nations.\u201d He differentiated two behaviours: Bad Speculation Good Investment Rumours Research Operators Industry Quick profit Long-term growth Gambling mindset Productive capital He believed markets should fund industry, not enrich manipulators. His Fight Against Monopoly Capitalists Dr. Babasaheb Ambedkar warned that India\u2019s economy will be captured by a few families if financial rules are weak. He documented how mill owners, traders and brokers dominated Bombay markets. His solution was state regulation, not to destroy markets but to make them ethical. He said: \u201cCompetition must be real. Without regulation, it becomes competition among wolves and lambs.\u201d This is the foundation of modern SEBI thinking. Dr. Babasaheb Ambedkar &amp; Labour Rights in Financial Markets Dr. Babasaheb Ambedkar was not against business. He was against exploitation while doing business. He introduced: 8-hour workday Compulsory paid leave Minimum wages Labour insurance Employee Provident Fund These rules later spread into financial institutions and stock market companies. Today when you see: PF, gratuity, labour welfare funds, remember \u2014 Dr. Babasaheb Ambedkar drafted them. He believed wealth must circulate: \u201cWealth, if not shared, becomes a fortress of power.\u201d Dr. Babasaheb Ambedkar Wanted Financial Literacy for Common People In 1930s itself, Dr. Babasaheb Ambedkar wrote: \u201cIndian people are denied knowledge of finance. Without financial education, they remain at the mercy of others.\u201d He wanted: schools to teach money, savings, investments workers to learn banking farmers to understand credit cycle He believed financial education was as important as political rights. Imagine if this happened at national scale: fewer scams fewer emotional trades more research-driven investment Dr. Babasaheb Ambedkar was 100 years ahead in vision. Dr. Babasaheb Ambedkar\u2019s Concept of Inclusive Capitalism Dr. Babasaheb Ambedkar did not want capitalism to be crushed. He wanted capitalism to be inclusive. His idea: \u201cFactories must not only make profit; they must make citizens.\u201d He argued: employers must share wealth with workers, state must protect competition, small investors must be included. Today when we talk of: ESOPs, mutual funds giving access to common people, SIP investments, these are reflections of inclusive capitalism Dr. Babasaheb Ambedkar dreamed about. Land, Agriculture &amp; Commodity Markets Dr. Babasaheb Ambedkar knew that market volatility affects farmers first. He studied how price manipulation destroyed: cotton farmers, mill workers, small traders. He suggested: regulated warehouses fair commodity pricing co-operative markets He wanted farmers to get market information, so they don\u2019t get cheated. His idea is modern: MSP APMC regulated commodity exchanges are all extensions of his economic vision. Dr. Babasaheb Ambedkar &amp; Gold: Why He Distrusted Gold Fetish Dr. Babasaheb Ambedkar wrote about how Indians waste savings in gold: \u201cGold is dead capital. It does not create industry, does not create jobs.\u201d He preferred: banking, insurance, productive investment He recommended: gold standard currency must end India must move to managed paper currency investment should come to industry Today RBI policy follows this logic. Dr. Babasaheb Ambedkar &amp; Inflation He studied inflation deeply. His finding: \u201cInflation is a tax on the poor and a reward to the rich.\u201d When prices rise: workers suffer, investors holding assets gain. He recommended: \u2713 stable money supply \u2713 central bank control \u2713 responsible government spending This is the foundation of modern monetary policy. Why Dr. Babasaheb Ambedkar Would Warn<\/p>\n","protected":false},"author":1,"featured_media":180,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_theme","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[6],"tags":[],"class_list":["post-172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insights"],"rttpg_featured_image_url":{"full":["https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1.jpeg",974,1461,false],"landscape":["https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1.jpeg",974,1461,false],"portraits":["https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1.jpeg",974,1461,false],"thumbnail":["https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1-150x150.jpeg",150,150,true],"medium":["https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1-200x300.jpeg",200,300,true],"large":["https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1-683x1024.jpeg",683,1024,true],"1536x1536":["https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1.jpeg",974,1461,false],"2048x2048":["https:\/\/www.stockmaster.in\/story-markets\/wp-content\/uploads\/2025\/12\/Dr-Babasaheb-Ambedkar-1.jpeg",974,1461,false]},"rttpg_author":{"display_name":"StockMaster\u2122 Story Markets","author_link":"https:\/\/www.stockmaster.in\/story-markets\/author\/storystockmastervdsadmin\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/www.stockmaster.in\/story-markets\/category\/market-insights\/\" rel=\"category tag\">Market Insights<\/a>","rttpg_excerpt":"6 December is observed with remembrance and respect. On this day, India usually thinks of Dr. Babasaheb Dr. Babasaheb Ambedkar as the architect of the Constitution, champion of social equality, and leader of justice. But there is a side of Dr. Babasaheb Ambedkar that very few Indians know: \ud83d\udc49 Dr. Babasaheb Ambedkar was also the&hellip;","_links":{"self":[{"href":"https:\/\/www.stockmaster.in\/story-markets\/wp-json\/wp\/v2\/posts\/172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.stockmaster.in\/story-markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.stockmaster.in\/story-markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.stockmaster.in\/story-markets\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stockmaster.in\/story-markets\/wp-json\/wp\/v2\/comments?post=172"}],"version-history":[{"count":0,"href":"https:\/\/www.stockmaster.in\/story-markets\/wp-json\/wp\/v2\/posts\/172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.stockmaster.in\/story-markets\/wp-json\/wp\/v2\/media\/180"}],"wp:attachment":[{"href":"https:\/\/www.stockmaster.in\/story-markets\/wp-json\/wp\/v2\/media?parent=172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.stockmaster.in\/story-markets\/wp-json\/wp\/v2\/categories?post=172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.stockmaster.in\/story-markets\/wp-json\/wp\/v2\/tags?post=172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}