Indian Knowledge System for Commerce
Indian Knowledge System for Commerce The Indian Knowledge System (IKS) has a rich tradition in various fields, including commerce. The historical evolution of commerce in India is deeply intertwined with ancient texts, practices, and philosophies that guided trade, business ethics, and economic principles. Here are some key aspects of the Indian Knowledge System in relation to commerce: 1. Arthashastra (Kautilya's Arthashastra) One of the most influential ancient texts on economics and statecraft, attributed to Kautilya (Chanakya). It focuses on the administration of the economy, trade policies, taxation, and governance. The Arthashastra gives detailed guidance on the management of resources, including commerce, trade, finance, and economics. It also deals with laws governing businesses, marke...