In essence Rabindranath Tagore (1861-1941) was a poet but not limited to poetry. He has contributed remarkably to the economic notion of religion and education, politics and social change, moral regeneration and economic rehabilitation. In this article; we discussed Rabindranath Tagore's ideas on eco-ethical human livelihood and sustainable rural development, which have been dispersed in many works throughout his life. He was not an economist and didn't have a formal education. He has, nevertheless, implemented various economic measures in conjunction with social upliftment education. His primary contribution was to "rural rebuilding" through cooperation organizations and his practical understanding of economics has been put into practice for the well-being of disadvantaged people. He built for the impoverished villagers a model of welfare economics. He gave craftsmen the notion of "cartel," in order to encourage the exporters to advertise their products. In addition, he felt that economic upliftment was required together with education. In his contemporary period, all his actual economic actions are quite important.
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Keywords: Economic Ideas, Social Welfare Economics, Sustainable Rural Development.