Gandhi claimed that “True economics never militates against the highest ethical standard just as all true ethics must also be good economics… True economics stands for social justice; it promotes the good of all including the weakest and is indispensable for decent life”. Subhash Mehta writing on Gandhi’s economic philosophy says that, Khaddar economics was based on ethics and self sufficiency. That the ideal of man is spiritual progress first and last and no economic progress can violate this principle. Gandhian economics lay emphasis on spiritual satisfaction. Spiritualism holds sway over consumerism. Gandhi emphasized on minimizing wants and keeping away from luxuries. (A handbook of Sarvodaya, Part-2, compiled by Subhash Mehta, pp 69-72).