Answer» - In India, the idea of managing the state is as old as its culture.
- We can find references of ideal methods of politics and diplomacy, policy making, rules of governance, ‘dandniti’ (policy of punishment by the state), etc. in ancient Indian literature.
- Economic ideology can be well seen in Indian scriptures such as ‘Shantiparva’ in ‘Mahabharat’, ‘Manusmruti’, ‘Shukra-niti’ and ‘Kamandikiya’.
- ‘Kautilya’s Arthshashtra’ stands first in Indian writings and thoughts related to economics.
- We can also find solutions to present day economic problems by studying our ancient literature and philosophy given by sages.
- Such philosophy which was given thousands of years ago in India provides practical guidance for making individual life as well as social life easier.
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