• Dr. SANJANA SAGGI
• RAMESH NAGAR

Economics is the science of economic prosperity and the limitation of wealth is the science of peace. Persons who earn wealth with the help of abnormal and questionable means only generate animosity and rancour. An individual who is dazzled by wealth does not get any relief from wealth, like a person whose lamp has blown out in a dark cave, a person overwhelmed by wealth is unable to see his way through. The principal subject of economic theories is dependant upon the idea of material objects. The principal subject of spiritual philosophy is soul and is related to abnegation and restraint. Mahavira is the principal spokesman of the theory of abnegation. He established the theory of abnegation and lived a life of utmost restraint. Economics is the discipline of material prosperity, and the science of peace rests on the limitation of wealth. There cannot be any meeting point between unlimited expectations and peace. Restraint, abandonment, sacrifice and limitation are not dear to people aspiring for economic prosperity. Consumption, luxury and comforts are, no doubt, appealing. But what is not very tempting is an essential for the future of mankind. The realization of this imperative would give inspiration to know Mahavira and his principle of limitation of possession and consumption in the perspective of Economics

Mahavira, Ethics, Abnegation, Ralative Economics, Economic Development

"ECONOMICS OF MAHAVIRA: IMPACT OF ECONOMICS ON ETHICS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 4, page no.b430-b440, April-2022, Available :http://www.jetir.org/papers/JETIR2204158.pdf

"ECONOMICS OF MAHAVIRA: IMPACT OF ECONOMICS ON ETHICS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 4, page no. ppb430-b440, April-2022, Available at : http://www.jetir.org/papers/JETIR2204158.pdf