AarthashastraC O R P O R A T E G O V E R N A N C E

Presentation by• Jai Bhatia• Pawan Chhatani• Kavita Makhija• Nikita Mirani• Bharat Jagwani• Umesh Gemnani

Meaning of Artha: Artha, means wealth in absolute terms. It covers everything from treasures to knowledge to courage. Even more amazing is the fact that all this was prevalent since the times of the Vedas.

What is Aarthashastra?

The study of Artha came to be known as Arthashastra. Arthashastra literally means the “Science of Wealth” or “Economics”. Arthashastra is believed to have been written around 4th century, B.C. It was written by the Vishnugupta.

He had a mind which was faster than that of the average human being. He made rules, dictated them and implemented them to the fullest to run a highly skilled administrative set up that was unheard of during those days.

Kautilya:

Seven Pillars of Success:

THE KING- LEADER:

THE MINISTER- THE MANEGER:

THE COUNTRY- THE MARKET AND THE CUSTOMER:

THE FORTIFIED CITY- THE HEAD OFFICE OF THE COMPANY:

TREASURY- THE FINANCE DEPARTMENT:

THE ARMY- OUR TEAM:

THE ALLY- THE CONSULTANT:

SOME OTHER INTERESTING CONCEPTS OF KAUTILYA FROM A GOOD GOVERNANCE PERSPECTIVE

INTEREST:

WAGES:

PREVENTION OF UNFAIR TRADE PRACTICES :

CONCEPTUALISING GOOD GOVERNANCE:

PRINCIPLES OF ECONOMIC ADMINISTRATION:

PROFIT MARGINS:

PRINCIPLES OF TAXATION:

AGRICULTURE:

LAW, JUSTICE, PUNISHMENT:

MILITARY POLICY:

RULERS DUTIES AND QUALITIES:

TOWARDS HIGHER SUSTAINABLE ECONOMIC GROWTH WITH PEOPLE WELFARE:

EDUCATION:

WINNING OVER SEDUCIBLE AND NON-SEDUCIBLE PARTIES IN ENEMY TERRITORY

// conclusion //After learning the Arthashastra, one could see that the dream of a self sufficient and magical nation was not lost on Kautilya too. The words may be different, the style might be unorthodox, but the dream was the same and the motive was only one- to build a nation that was a truly heave.