Relevance of gandhian economic thought to modern india
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Gandhian principles relevant in modern economics
• Gandhiji advocated socialism which could reduce the gap between rich and poor.
• His concept of self-reliance led to establishment of cottage industries and rural employment programs like MNREGA.
• Decentralisation of production and consumption for fair distribution of wealth amongst all sections of society.
• The spirit of Swadeshi which will lead to demand for domestic goods.
• Labour intensive production to create employment opportunities
• Gandhiji advocated socialism which could reduce the gap between rich and poor.
• His concept of self-reliance led to establishment of cottage industries and rural employment programs like MNREGA.
• Decentralisation of production and consumption for fair distribution of wealth amongst all sections of society.
• The spirit of Swadeshi which will lead to demand for domestic goods.
• Labour intensive production to create employment opportunities
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