The Problem of the Rupee, Its Origin and Its Solution
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About This Book
"The Problem of the Rupee" by B. R. Ambedkar discusses the origins and solutions to the issues surrounding the Indian currency system. The book delves into the historical background of the exchange standard and its theoretical basis. Ambedkar critiques existing literature on Indian currency and proposes his own solutions to stabilize the rupee. He argues against the exchange standard and advocates for an inconvertible rupee with a fixed limit of issue. The book highlights the historical context of Indian currency reforms and the transformation from a gold standard to a gold exchange standard. ...
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