1.

Explain Gandhiji’s thoughts on decentralized economy.

Answer»

Decentralized economy:

Gandhiji favoured a decentralized economic system for India. Decentralization refers to transfer of authority from central to local government. Under this concept, Gandhiji wanted economic power to be distributed among several Indians rather than few.

  • According to him, any process of economic development should have a prime focus on developing the villages. He wanted villages to get equal benefits of development as cities which he believed can happen only through decentralized planning.
  • He gave the idea of decentralized economic planning as an alternative to capitalist planning. To solve the problems of centralized economies he promoted the idea of increasing the use of ‘khadi’ and the idea of spinning khadi as a household industry.
  • The concept of decentralized economic planning was rooted in the idea ” of ‘Gram Swaraj’ i.e. village empowerment/village self-reliance.


Discussion

No Comment Found

Related InterviewSolutions