Explain Economic ideas of Gandhi.

Gandhi's economic ideas were rooted in his broader philosophy of truth (Satya), non-violence (Ahimsa), and self-reliance. His economic vision sought to create a just and equitable society, emphasizing the well-being of the weakest sections and the promotion of decentralized, sustainable economies. Here are key aspects of Gandhi's economic ideas:

1. Sarvodaya (Welfare of All):
   Gandhi's concept of Sarvodaya, meaning the welfare of all, formed the core of his economic vision. He believed in an economic system that benefited every individual, particularly the marginalized and impoverished. His emphasis on the upliftment of the last person in society reflected his commitment to social justice.

2. Decentralized Economy:
   Gandhi advocated for a decentralized economic structure with an emphasis on self-sufficient village communities. He believed that small-scale industries, agriculture, and handicrafts at the local level would contribute to economic resilience and empower rural communities. This vision aimed to reduce dependency on centralized industries and promote self-reliance.

3. Khadi and Village Industries:
   Central to Gandhi's economic ideas was the promotion of Khadi, hand-spun and handwoven cloth, as a symbol of self-reliance and economic empowerment. He encouraged the establishment of village industries to produce essential goods locally, providing employment opportunities and fostering economic independence.

4. Trusteeship:
   Gandhi introduced the concept of Trusteeship, suggesting that wealthy individuals should consider their wealth as a trust for the welfare of society. He envisioned a voluntary sharing of resources, where the affluent would use their wealth responsibly for the benefit of the less privileged.

5. Simple Living and High Thinking:
   Gandhi advocated for a simple lifestyle, emphasizing the idea that material possessions should not be the primary focus of life. He believed in the importance of inner development, moral values, and spiritual growth over the pursuit of excessive wealth.

6. Non-Exploitative Economy:
   Gandhi rejected exploitative economic practices and the concentration of wealth. He aimed for an economy that prioritized social welfare over individual profit, seeking to eliminate disparities between the rich and the poor.

7. Non-Violent Economics:
   Non-violence, a cornerstone of Gandhi's philosophy, extended to his economic ideas. He rejected any economic system that relied on exploitation, coercion, or violence. His vision sought to create economic structures that were in harmony with the principles of non-violence.

In summary, Gandhi's economic ideas were characterized by a deep commitment to social justice, self-reliance, and the well-being of all members of society. His emphasis on decentralized, sustainable economies and the promotion of ethical practices laid the foundation for a vision of economic development that prioritizes human dignity and social welfare over material accumulation.