India of my breams is a self sufficient village economic. Evaluate the significant of gandhian thought in the present day India based on this statement
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Answer:
Economic Development of a country depends on the proper utilization of resources (both human and non-human). India, at the time of her independence, had an economy with a low level of economic and technological development, low per capital income, slow pace of development of economic and social institutions and outdated methods of production techniques. Our objective then was to attain and accelerate the economic development of the country. At the time while India started formulating planning strategies in 1951-52 there was debate on India’s development problems. The debate centered around the Gandhian approach and the Nehruvian approach. Nehru adopted modernizing approach of the planning i.e. socialist framework of economic policy. He also viewed planning as a way of avoiding the unnecessary rigorous industrial transition. He believed that this way would affect the people living in the rural areas. He also learned lesson from Gandhi and accordingly initiated policy which centered around the rural masses.
Gandhian approach has always said about the voluntary wants, the need for self-sufficient village communities and the issues relating to better balance between man and nature. Gandhi wanted to have an ideal society of his own imagination and his economic ideas are a part and parcel of his philosophical and sociological ideas. He was interested in the growth of human beings and more significantly the growth of the deprived and underprivileged group of people. He was, in fact, the supporter of the maximization of social welfare and he had a belief that the growth of an economy is relied on the development of the totality of human personality. According to him, an increase in personal income is an indication of the growth of national income. But the opposite may not be true i.e. the growth of national income may not always benefit every man in society.