Jamnalal bajaj death reason
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From Cotton Ginning to India’s Largest Business House; Inspiring Tale of Jamnalal Bajaj of Bajaj Group
A little boy was adopted by a wealthy businessman at the age of 5. During his teenage, he took a keen interest in the family business. Today that family business is known as the ‘Bajaj Group’ and the man behind it was Jamnalal Bajaj, the founder of the Bajaj Group. This Independence Month, Machine Maker brings to you the incredible story of the man who laid the foundation of the Indian Manufacturing industry- Freedomfacturer, Jamnalal Bajaj.
Today, the Bajaj Group is amongst the top 10 business houses in India. The company extends over a wide range of industries, right from automobile manufacturing to financing agencies. Bajaj Auto is ranked as the world's fourth-largest three and two-wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin America, Africa, Middle East, South, and Southeast Asia. But little do the people know about the man who laid the foundation of it or his journey from cotton ginning to being one of the largest congl
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Jamnalal Bajaj, the Gandhian capitalist who was the Mahatma’s ‘Merchant Prince’
On Jamnalal’s 77th death anniversary, ThePrint takes a look at the life of the industrialist, freedom fighter and social reformer.
Close to Gandhi
After Mahatma Gandhi returned to India from South Africa, Bajaj took an instant liking to his teachings. Looking to get Gandhi to make Wardha a centre of his freedom movement, Bajaj donated 20 acres of land to Gandhi, who later adopted him as a son.
Despite the Marwari business community enjoying warm relations with the British, Jamnalal renounced the title of Rai Bahadur and the honorary magistrate post given to him during World War I, and joined the freedom movement.
Jamnalal went on to participate in the Non-Cooperation Movement (1920-22), Nagpur Jhanda Satyagraha (1923), Boycott of Simon Commission (1928), Dandi March (1930), among other important events leading up to 1942.
Following Gandhi’s arrest after Dandi March and the ensuing arrests, Jamnalal found himself in Nasik Central Jail for two years.
In 1942, at the peak of the
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Mahatma Gandhi
- By Ram Chandra Pradhan and Siby K Joseph*
Abstract
Gandhi with Jamnalal Bajaj, Satyagraha Ashram, Wardha, 1934.
Gandhi's concept of trusteeship provides an alternative system of management of wealth and resources by creating a fine balance between individual initiative and societal commonweal. The practical application of this concept in the field of business involves running business on the basis of ethical maxims and devoting the fair earnings from the business for the welfare of the society. The life and practice of Jamnalal Bajaj was an earnest attempt to actualise Gandhi's idea of trusteeship in letter and spirit. This paper analyses how Jamnalal fine-tuned his life to literally adapt Gandhian idea of trusteeship and in that process how he went much beyond the present idea of Corporate Social Responsibility.
Introduction
ONE OF THE MAJOR contributions of Gandhi was inculcating ethics in various walks of life including the realm of business. He considered creation of wealth as a major social contribution. But his primary concern was how the weal
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