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Kautilya's Arthasasthra

A crisp presentation on Kautilya's Arthasasthra

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0% found this document useful (0 votes)
159 views8 pages

Kautilya's Arthasasthra

A crisp presentation on Kautilya's Arthasasthra

Uploaded by

ManojChowdary
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Kautilya’s

Arthasasthr
a
Unit : 12 - Managerial Effectiveness
and Ethics
The Author

• Chanakya, was the author of Arthashastra. The Arthashastra contains the


records of the Mauryan administration under Chandragupta Maurya.
• Chanakya, also known as Kautilya or Vishnugupta (flourished 300 BCE),
Hindu statesman and philosopher who wrote a classic treatise on politics,
Artha-shastra ("The Science of Material Gain"), a list of almost everything
written in India up to his time on artha-gain (property, economics, or
material success)
• He was the Prime Minister under the reign of Chandragupta Maurya, the
founder of the Mauryan Empire. He was a statesman and philosopher
who wrote a classic treatise on polity, Arthashastra.
• It is known for “Principles and practice of statecraft. Arthashastra, the
classical work of Indian political thought, focuses primarily on Principles
and practice of statecraft.”
Concept
• In brief, the Arthashastra is primarily a treatise on the
governance of a state.
• It comprehensively deals with the necessary issues and
functions connected with internal administration and
foreign relations and provides the ruler an education in the
ways of attaining the overriding goal of expansion of his/her
kingdom.
Reason why its is
Famous -
• The Arthashastra was discovered to contain a
collection of rules for ruling a huge empire,
including internal administration, military
strategy, diplomacy, and economics.
• It also recommended the king to support his
people's welfare because they were a nation's
source of strength.
Origin
• Composed, expanded and redacted between the
2nd century BCE and 3rd century CE, the
Arthashastra was influential until the 12th
century, when it disappeared. It
was rediscovered in 1905 by R. Shamasastry,
who published it in 1909.
• The first English translation, also by
Shamasastry, was published in 1915.

Components
The seven components -
Svami (the king)
Amatya (ministers)
Janapada (the
territory)
Durga (a fortified
capital)
Kosha (the treasury)
Danda (justice or
Philosophy
Believed that it is the king's duty to seek material
gain, spiritual good and pleasures.
Kautilya thinks that for a king to attain these three
goals, he must create wealth, have army and should
conquer the kingdoms to enlarge the size of his
state by strategically not by war.
Morden Day Concepts
• The principles of Arthashastra and Chanakya Neeti can directly be applied to
present day corporate world to achieve profits from multinational corporations
without following any unhealthy/unethical business practices. This concept is
called as Shubh Labh i.e. auspicious profit.
• The Arthashastra delves into the importance of ethical leadership, fostering a
conducive work environment, and nurturing talent.
• Kautilya in his Arthashastra talks about the virtues of leadership, honesty, hard
work and what an ideal leader should do in order to governed his state smoothly.
• In the Shastra, Chanakya advised the ruler of the State (svamin) to manage his
kingdom on the principles of 'Prabhu Shakti' or vision, 'Mantra Shakti' or mission,
and 'Utsah Shakti' or motivation. For professionals, these principles are key to
manage the internal dynamics of a firm and drive performance.
• The Arthashastra of Kautilya offers a useful framework for economics. It offers
practical economic insights. It may be used to explain a number of contemporary
economic concepts and is relevant to our day. He provided a variety of economic
policy options to encourage the economy's growth
Management Lessons

Can be learned from Kautilya’s Arthasasthra are as


follows:

 Equal and appropriate distribution of profits  Do


not misuse power.
 Follow business management principles.
 Conduct business activities ethically.
 Carry out examination and audit of business
activities.
 Conduct business using a sustainable economic
growth model.
 Ensure the welfare of people.
Brief Idea
https://www.youtube.com/watch?v=3JGV-oEwG0I

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