Well the Nobel Peace Prize Committee have time an again expressed their deep regret over this controversy -
Norwegian Nobel Committee in 2006 said,
"The greatest omission in our 106 year history is undoubtedly that Mahatma Gandhi never received the Nobel Peace prize. Gandhi could do without the Nobel Peace prize, whether Nobel committee can do without Gandhi is the question". It even Quoted that through his course of life, had put his profound mark on an ethical and political attitude which would prevail as a norm for a large number of people both inside and outside India:
"In this respect Gandhi can only be compared to the founders of religions."
Mahatma Gandhi, the Missing Laureate
It is also noteworthy that Gandhi didn't get the Bharat Ratna as well - Yes, he achieved things greater than what any prize can fetch him.....