International Journal For Multidisciplinary Research

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A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 3 May-June 2024 Submit your research before last 3 days of June to publish your research paper in the issue of May-June.

Ancient Insights, Modern Solutions: Exploring Kautilya's Economic Principles for India's Future Prosperity

Author(s) Pulak Bisen, Anshika Gupta
Country India
Abstract This paper examines Kautilya's Arthashastra, an ancient Indian text, and its relevance to contemporary Indian economic policy-making. The authors explore key economic principles, including taxation, trade regulation, agriculture, and resource administration, and their effectiveness during the Mauryan Empire. They compare these principles with contemporary India, evaluating how Kautilya's principles could address issues like taxation reform, infrastructure development, poverty alleviation, and sustainable resource management. However, the authors acknowledge the challenges of implementing Kautilya's economic policies in the modern context, such as political constraints, globalization, and technological advancements. They also discuss criticisms and limitations of the Arthashastra economic theories. The paper proposes practical strategies for integrating Kautilya's economic philosophy into Indian policy.
Field Sociology > Economics
Published In Volume 6, Issue 3, May-June 2024
Published On 2024-06-11
Cite This Ancient Insights, Modern Solutions: Exploring Kautilya's Economic Principles for India's Future Prosperity - Pulak Bisen, Anshika Gupta - IJFMR Volume 6, Issue 3, May-June 2024. DOI 10.36948/ijfmr.2024.v06i03.22624
DOI https://doi.org/10.36948/ijfmr.2024.v06i03.22624
Short DOI https://doi.org/gtzjgp

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