Quick Answer: What Do You Mean By Doctrine Of Trusteeship?

What is doctrine of trusteeship?

Gandhi’s doctrine of trusteeship is a social and economic philosophy aiming to bring justice in the society.

It provides a means by which the wealthy people would be the trustees of the trust that looked after the welfare of the people in general.

Gandhi holds that labour is superior to capital..

What do you mean by doctrine of trusteeship is it relevant today discuss?

The doctrine of trusteeship is Gandhiji’s contribution towards the peaceful transformation of Indian Society, or any society. It is a call for peaceful revolution, a new social order. It requires an integrated political, moral and economic approach. A struggle both by masses and the leaders.

What was Gandhi’s main message?

Mahatma Gandhi, as he is known by his followers with reverence, preached the philosophy of non-violence which has become even more relevant today. His commitment to non-violence and satyagraha (peaceful resistance) gave hope to marginalized sections of India.

What were Mahatma Gandhi’s main ideas and activities?

Satyagraha (firmness in truth) and sarvodaya (welfare of all) are the core concepts of Mahatma Gandhi’s political philosophy. Satyagraha became the alternative nonviolent resistance soul force of the oppressed against injustice—an alternative to guerrilla war, civil war and genocide.

Which is one of the Gandhian principles of trusteeship?

The core of Gandhian idea of trusteeship is the development, upliftment, and enrichment of human life rather than a higher standard of living with scant respect for human and social values.

What is the relevance of trusteeship principle in today’s modern business?

Under this principle surplus wealth needs to be kept in trust for the common good and welfare of others. It also specifies that everything we do must be economically viable as well as ethical – at the same time making sure we build sustainable livelihoods for all.

Which concept is associated with Mahatma Gandhi?

Gandhism is a body of ideas that describes the inspiration, vision, and the life work of Mohandas Gandhi. It is particularly associated with his contributions to the idea of nonviolent resistance, sometimes also called civil resistance. The two pillars of Gandhism are truth and nonviolence.

What is the meaning of trustee and beneficiary?

At the very elementary level, the idea of the trust is when a person (i.e., Settlor) distributes assets in the legal supervision of another person ( i, . e. Trustee). Consequently, the trustee operates the assets for the benefit of any third party (i.e., Beneficiary).

What is trusteeship model of CSR?

Mahatma Gandhi believed in the trusteeship model, whereby the wealth one creates has to be ploughed back to the society. CSR may be defined as achieving commercial success in ways that honour ethical values and respect people, communities and the natural environment.

What were Gandhi’s four principles?

Truth, nonviolence, Sarvodaya and Satyagraha and their significance constitute Gandhian philosophy and are the four pillars of Gandhian thought.

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