Mohandas Karamchand Gandhi, popularly known as Mahatma Gandhi, was not only a social thinker but also an economist too. He was not a systematic thinker but was a peace-maker, mentor and an inspired teacher. He himself admitted that he was not giving any new philosophy. “I learnt by my errors well of my philosophy, if it might be called by that pretentious name is done in what I have said, you will not call it Gandhism, there is no „ism‟ about it”. This paper aims to study his economic views.