The quote in question is attributed to B. R. Ambedkar. He was a prominent leader and one of the founding fathers of the Indian Constitution. Ambedkar played a pivotal role in the drafting of the Indian Constitution and championed the cause of social justice.

The quote highlights the contradictions that India would face after its independence on January 26, 1950. Ambedkar acknowledges that while there may be political equality with the establishment of a democratic system, there will still be inequality in the social and economic spheres. He was keenly aware of the various social and economic issues prevalent in India, particularly the caste system and the economic disparities.

While the answer provided is generally correct, it is worth noting that this quote was made by B. R. Ambedkar and not by any other leader mentioned in the options. Therefore, an alert is necessary, and the correct answer should be "Alert - correct answer should be B. R. Ambedkar."