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Gandhi was assassinated in 1948, but his teachings and philosophy would play a major role in India's economic and social development and foreign relations for decades to come. Sarvodaya is a term meaning 'universal uplift' or 'progress of all'. It was coined by Gandhi in 1908 as a title for his translation of John Ruskin's Unto This Last.
Gandhian socialism generally centers on Hind Swaraj or Indian Home Rule authored by Gandhi. Federation of political and economical power and demonstrating a traditionalist reluctance towards the modernisation of technology and large scale industrialisation whilst emphasising self-employment and self-reliance are key features of Gandhian socialism.
J. C. Kumarappa (born Joseph Chelladurai Cornelius) (4 January 1892 – 30 January 1960) was an Indian economist [1] and a close associate of Mahatma Gandhi.A pioneer of rural economic development theories, Kumarappa is credited for developing economic theories based on Gandhism – a school of economic thought he coined "Gandhian economics."
The Directive Principles of State Policy of India are the guidelines to be followed by the government of India for the governance of the country. They are not enforceable by any court, but the principles laid down there are considered "Fundamental" in the governance of the country, which makes it the duty of the State [1] to apply these principles in making laws to establish a just society in ...
Bank of America's logo from 1969 to 1998 Bank of America Tower, headquarters for Bank of America's investment banking operations, seen from Bryant Park in Midtown Manhattan, in 2015 Following passage of the Bank Holding Company Act of 1956 by the U.S. Congress , [ 24 ] BankAmerica Corporation was established for the purpose of owning and ...
Gandhian economics is a school of economic thought based on the spiritual and socio-economic principles expounded by Indian leader Mahatma Gandhi.It is largely characterised by rejection of the concept of the human being as a rational actor always seeking to maximize material self-interest that underlies classical economic thinking.
Mahatma Gandhi was a champion of the temperance movement and viewed foreign rule as an obstacle to national prohibition. [7] When India gained independence in 1947, "prohibition was included in the Directive Principles of the Constitution of India and the government of several states such as Gujarat introduced it."
The followers of Mahatma Gandhi, the most prominent figure of the Indian independence movement, [1] are called Gandhians.. Gandhi's legacy includes a wide range of ideas ranging from his dream of ideal India (or Rama Rajya), economics, environmentalism, women's rights, animal rights, spirituality, the truth, nonviolence, asceticism and others.