Gandhian Trusteeship Essay

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UNIT 4 GANDHIAN DEVELOPMENT THEORY Structure 4.1 4.2 Introduction Gandhian Economic Philosophy The Main Features of Gandhian Development Theory 4.3.1 The Gandhian Philosophy of Economic Concepts Related to Development 4.3.2 The Gandhian Principle of Self-Sufficiency 4.3.3 The Gandhian Theory of Balanced Growth 4.3.4 The Gandhian Dochine of Trusteeship 3.3.5 The Gandhian Model 0' : 4.3 Si~stairlableDevelopment 4.3.6 Gandhian Survodaya Plan 4.3.7 Gandhian concepts o f austerity and abstinence 4.4 4.5 4.6 The Rural Development Model Based on Gandhism A Critical Appraisal of Gandhian Development Theory Let Us Sum Up References and Selected Readings Check Your Promess - Possible Answers 4.7 4.8 4.1 INTRODUCTION In the previous three units we discussed the most advocated theories of development. In this unit you will study the Gandhian theory of development. Although, Mahatma Gandhi was not a development economist, yet his theory is important to development. The Gandhian theory of development is based on the ideologies of Mahatma Gandhi, who is regarded in India as the Father of the Nation. At the outset, Gandhian economics rejects the precepts and assumptions of mainstream economics. It represents an alternative to mainstream economic theories as a way to promote economic progress without emphasizing material pursuits, or compromising human development. After studying this unit you should be able to: e discuss Gandhian economic philosophy; analyze the main features of Gandhian development theory; explain the rural development model based on Gandhism; and spell out the criticisms of Gandhian theory. e e e GANDHIAN ECONOMIC PHILOSOPHY Gandhi's economic philosophy was greatly influenced by Ruskin's Unto This Last. From this book: he learnt: (a) that the good of the individual is Theories of Development contained in the good of

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