Mehta’s views seem to be favourable with philosophy and ethics, especially from the perspective of Indian culture and civilization. 

Yet his views have been criticized in the materialistic era, which is the following :

1. After accepting Mehta’s view, the existence of economics will end. If all the persons reach the state of wantlessness by minimizing the necessities, then there will be no economic activity in the society. 

2. Mehta’s ideas are based on imagination. Freedom from desires is not under the control of an ordinary person. In ordinary life, the person never thinks that maximum happiness lies in reducing the necessities. 

3. Professor Mehta has considered economics as only an ideal science which is not correct because economics is an ideal science as well as real science.

4. Critics think that Mehta has made a huge mistake by considering the desires and needs to be the same. Desire and requirements are taken in two different meanings. Medicine is a necessity for a sick person, whether or not the person is willing to take that medicine. 

5. The definition of economics by Mehta is itself not a definition, but describes religious precepts.