History and Evolution : In January 2017 the Cabinet had decided to set up an Institute of Excellence to commemorate the Intellectual legacy of Dr. B R Ambedkar.The Bengaluru Dr. B. R. Ambedkar School of Economics is registered under the Karnataka Societies Registration Act of 1960 (Act No. 17 of 1960). Hon. President Pranab Mukherjee on 14th April 2017 laid the foundation stone for the Dr B.R. Ambedkar School of Economics in the Bengaluru University campus on the 126th birth anniversary of the architect of the Indian Constitution. Dr. Anup K. Pujari (IAS retired) is the special officer of the School thus established. The Dr B R Ambedkar School of Economics, modeled on the London School of Economics, will begin classes from the upcoming academic year (2017-18) at the Jnana Bharathi campus of Bangalore University. The Cabinet had allocated 43 acres of land for the purpose. The Karnataka government has sanctioned Rs 150 crore for setting up the school’s first phase, with an administrative block, student hostels, auditorium, three seminar halls and quarters for the faculty. The state government intends to run the School as an autonomous institution of international standard.