Relevance of Kautilya’s Arthashastra to Modern Economy

Uncovering the Economic Wisdom of Kautilya's Arthashastra

Abstract

Kautilya’s Arthashastra is a master piece of ancient Indian economy, a wide range of subject like economics, commerce, business, polity and administration. The author identified as Kautilya or Chanakya is a well-known historical figure who shaped the future of India during the Magadhan times.Although much was heard about kautilya’s Arthashastra, we had no proper text until 1905 when it was rediscovered in Mysore by R, Shamyashastri. The present research paper throws light on the covert relevance of the kautilya’s arthasastra for modern economy.