Gurugram, (Asian independent) – “To reduce fiscal crisis in the Indian economy, it would be relevant to adopt the canons of public expenditure advocated by Dr. B .R. Ambedkar who said that every Government should spend the resources garnered from the public not only according to rules, laws and regulations but should also see that ‘faithfulness, wisdom and Economy’ are adhered to in the acts of expenditure by public authorities”, opined Professor M.M. Goel, Vice-Chancellor Starex University Gurugram and Founder of Needonomics School of Thought. He was paying the tribute to Bharat Ratan Dr B.R Ambedkar on his death anniversary today.
The remarkable thing about Ambedkar’s canons of public expenditure is that they are ism-neutral and can be followed by large or small public sector and yet the principles behind these canons are applicable, told Prof. Goel.
Dr. Sunil Kumar, HOD Political Science told that Dr Bhimrao Ramji Ambedkar, popularly known as Babasaheb, was India’s greatest reform leader and chief architect of India’s Constitution.
The faculty members of Humanities and Commerce and Management department also paid their tribute to Bharat Ratan Dr B.R Ambedkar.