google.com, pub-1675275063806243, DIRECT, f08c47fec0942fa0 INDIAN POLITY AND INDIAN HISTORY : Economy

Monday, 29 September 2014

Economy




           The state controlled almost all economic activities.

           Tax collected from peasants varied from ¼ to 1/6 of the produce.

           The state also provided irrigation facilities (Setubandha ) and charged water –tax.

           Tolls state also levied on commodities brought to town for sale and they were collected at gate.

           The state enjoyed monopoly in mining, forest, salt , sale of liquor, manufacture of arms etc.

           Sohgaura (Gorakhpur district , U.P.) copper plate inscription and Mahasthana (Bogara district ,Bangladesh ) inscription deal with the relief measures to be adopted during a famine.
           Important ports : Bharukachch/ Bharoch and Supara (Western coast), Tamralipti In Bengal (Eastern coast).
          During Mauryan period , the punch – Marked coins (mostly of  silver were the common units of transactions.

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