Gandhian Economic Thought: The Concept of Economy of Permanence by J.C Kumarappa

Gandhian Economic thought has greater significance than ever before. In the current scenario of marketbased, neo-liberal world, his contributionsof a sustainable mode of development ismore relevant and unparalleled. Gandhi’s economic thoughts are pronounced through his disciple J.C Kumarappa. Kumarappa’s notion of “Permanence of Economy” discerns the economies of various natures. The paper tries to trace J.C Kumarappa’s economic model in its various aspects with a focus on “Economy of Permanence”.