Dr. Babasaheb Ambedkar is a great thinker, leader, and social reformer who not only changed the lives of millions of untouchables but also shaped India as the largest democratic nation by writing the Indian Constitution. Many of us have Dr. B.R. Ambedkar is known as a social reformer and a person who fought for untouchables in India. But, Babasaheb was a great scholar, who has contributed immeasurably as an economist, sociologist, jurist, educationist, journalist, parliamentarian as well as a social reformer and human rights activist. Dr. Ambedkar was one of the multi-faceted personalities who made remarkable contributions to economics. Ambedkar's ideas have had a significant impact on social movements. In the present paper, Dr. B.R. Ambedkar's attempt is made to discuss their immense contribution.