DR. BR Ambedkar is known for his contribution all around India and many countries in the world, as a reformer of the Indian constitution, with great knowledge in the Economy and political thinking, his contribution in changing the rules and regulations in favour of depressed classes and educating them in the modern world view, in the initial stage he faced various constraints during his school education, un touch ability, various communal and social issues, he fought for equality, fraternity and justice when India was under British control. In 1916, he enrolled in the London School of Economics and started working on his doctoral thesis titled “The problem of the rupee: Its origin and its solution. In 1927, he received his Ph.D. degree in Economics. And in June 1927, he was awarded a Doctorate by the University of Columbia. Ambedkar thesis on study on Indian rupee gained lot of significance, as he tried to explain the problem of rupee which was unable to compete with other currencies, he opposed J M Keynes suggestion that India should embrace a gold exchange standard, according to him gold standard exchange standard allows the issuer the greater freedom to manipulate the supply of money. Ambedkar also had his great contribution towards Agricultural and industrial development economics (two sector model) and reforms in introducing political rights in our Indian constitution. The purpose of the study is to analyse the contributions, reforms, planning made by Dr BR Ambedkar in Indian Economy, and economic equality in the Indian constitution and its significance in present pandemic scenario of 2020 India and the world.