Trusteeship is a socio-economic philosophy that was propounded by
Mahatma Gandhi
Mohandas Karamchand Gandhi (; ; 2 October 1869 – 30 January 1948), popularly known as Mahatma Gandhi, was an Indian lawyer, anti-colonial nationalist Quote: "... marks Gandhi as a hybrid cosmopolitan figure who transformed ... anti- ...
.
[ M. K. Gandhi, Compiled by Ravindra Kelekar, Trusteeship, April 1960, Printed and Published by : Jitendra T. Desai Navajivan Mudranalaya, Ahemadabad-380014 India, ] It provides a means by which the wealthy people would be the trustees of trusts that looked after the welfare of the people in general. This concept was condemned by socialists as being in favor of the landlords, feudal princes and the capitalists, opposed to socialist theories.
Gandhi believed that the wealthy people could be persuaded to part with their wealth to help the poor. Putting it in Gandhiji's words "Supposing I have come by a fair amount of wealth – either by way of legacy, or by means of trade and industry – I must know that all that wealth does not belong to me; what belongs to me is the right to an honourable livelihood by millions of others. The rest of my wealth belongs to the community and must be used for the welfare of the community."
[
Gandhi along with his followers, after their release from
prison formulated a "simple" and a "practical" formula where Trusteeship was explained. A draft practical trusteeship formula was ''prepared by Gandhi’s co-workers, Narhari Parikh and Kishorelal Mashruwala'' and it was fine-tuned by M.L. Dantwala.
]
Influences
The founder of the Tata Group
The Tata Group () is an Indian multinational conglomerate headquartered in Mumbai. Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continents ...
, J.R.D. Tata was influenced by Gandhi's idea of
trusteeship. He developed his personal and professional life based on this idea.[ Dr. Sundar SARUKKAI, Friday, 27 May 2005, 'The Idea of Trusteeship in Gandhi and JRD Tata hi rancho' ]
See also
*Gandhism
Gandhism is a body of ideas that describes the inspiration, vision, and the life work of M.K. Gandhi. It is particularly associated with his contributions to the idea of nonviolent resistance, sometimes also called civil resistance.
The term " ...
*Gandhian Socialism
Gandhian socialism is the branch of socialism based on the national interpretation of the theories of Mahatma Gandhi. Gandhian socialism generally centers on ''Hind Swaraj or Indian Home Rule'' authored by Gandhi.
Federation of political a ...
Footnotes
Political history of India
Gandhism
Indian political philosophy
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