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Clarify your views on Kautilya’s market organisation and system of weights and measures. |
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Answer» Kautilya had stressed on proper currency arrangements and measuring-weighing facility for business. Kautilya considered the panyadhyaksha and the sansthadhyaksha responsible for the price determination of the goods. He said that the sale of items produced in the state should be at a certain place, and the items produced in foreign countries should be sold in many places, so that the public should not have any problem in obtaining these things. It was his opinion that these items should be sold at different places at the same price by the sellers. Kautilya gave priority to state trade. He supported organized state business in public interest. His policy was to increase import-export, but he prohibited the export of arms and ammunition, horses, grains, etc. The imports of these items were tax-free. Kautilya was in favour to provide state security for the safety of traders on the commercial routes of the state. Kautilya also advocated control on the benefits of business. He had made such arrangements, that the consumers could get the goods at reasonable prices and traders also got the proper benefit. To facilitate measuring and weighing, Kautilya has mentioned 16 types of scales and marking of the weights used for weighing. He recommended the appointment of Pautvadhyaksha to check the weights and measure. It is thus clear that Kautilya had made many arrangements to operate the market smoothly. |
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