The article first appeared in The scroll.in on October 26, 2024
Mahatma Gandhi’s teachings profoundly impacted the Indian business community in Sri Lanka, fostering principles that resonate to this day. His philosophy emphasized ethical business practices, self-reliance, and social responsibility, encouraging entrepreneurs to align their ventures with the greater good of society.
One of Gandhi’s core tenets was truthfulness, encapsulated in his principle of Satyagraha. He advocated for honesty in business dealings, urging entrepreneurs to uphold integrity and transparency. This approach not only built trust within the community but also fostered a reputation for reliability, which is crucial in any business environment. The Indian business community in Sri Lanka adopted this value, ensuring that their operations were based on ethical considerations rather than mere profit motives.
Another significant aspect of Gandhi’s influence was the promotion of self-reliance. He encouraged individuals and communities to develop local industries, emphasizing the importance of utilizing local resources and talent. For the Indian diaspora in Sri Lanka, this meant investing in local agricultural and manufacturing sectors, which contributed to the economic development of their communities. By fostering a spirit of entrepreneurship, they were able to create jobs and stimulate local economies, aligning with Gandhi’s vision of economic independence.
Gandhi’s concept of trusteeship also had a lasting impact on the business ethos. He believed that wealth should be viewed as a trust to be used for the welfare of the community rather than as a means for personal accumulation. This perspective encouraged Indian entrepreneurs in Sri Lanka to engage in philanthropy and community service, supporting local education, healthcare, and social initiatives. By doing so, they not only uplifted their communities but also cultivated a positive image of their businesses.
Furthermore, Gandhi’s emphasis on non-violence and cooperation inspired the Indian business community to prioritize peaceful negotiations and collaborations over conflicts. This approach facilitated better relationships among diverse communities in Sri Lanka, allowing for a more harmonious business environment.
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Reference : The scroll.in