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THE W ORLD' S F IRST MANAGEMENT GURU.

HE HAS B ROUGHT OUT SOME OF THE KEY

BUSINESS P RINC IP LES AND STRATEGIES.

HE HAS BE EN CONSIDERED AS THE P IONEER OFTHE F IELD OF ECONOMICS AN D P OLITICAL

SCIENCE.

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Chanakya's Education

y Chnakya (Sanskrit): (c. 350-283 BCE)

y Taxila was one of the worlds centre for education.

y The teachers were highly knowledgeable who used to teach sons

of kings.

y Law, Medicine, Warfare and other indigenous forms of learning.

The four Vedas, hunting, elephant-lore and 18 arts were taught at

the university.

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Life as a student

y He was a student of politics right from child hood.

y In this way after studying religion and politics, he turned hisattention to economics.

y "Neetishastra", a treatise on the ideal way of life shows his in

depth study of the Indian way of life.

y He was called variously by different people, namely Vishnugupta,

Kautilya.

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Achievements

y Neetishastra is a in-depth study of the Indian way of life

y 455 Niti sutras, about 216 refer to raaja-neeti sutras.

y Two books are attributed to Chanakya: Arthashastra and

Neetishastra which is also known as Chanakya Niti.

y Arthashastra discusses monetary and fiscal policies,

welfare, international relations, and war strategies in detail.

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Chanakyas Neetishastra

y The strategies are:

y Sama - Appeasement, non-aggression pact

y Dama - Gift, briberyy Danda - Strength, punishment

y Bheda - Divide, split, separating opposition

y Maya - Illusion, deceit

y Upeksha - Ignoring the enemy

y Indrajala - Faking military strength

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Arthashastra is divided into 15 books:

y 1 Concerning Discipliney 2 The Duties of Government Superintendentsy 3 Concerning Lawy 4 The Removal of Thornsy 5 The Conduct of Courtiersy 6 The Source of Sovereign Statesy 7 The End of the Six-Fold Policyy 8 Concerning Vices and Calamitiesy 9 The Work of an Invadery 10 Relating to War

y 11 The Conduct of Corporationsy 12 Concerning a Powerful Enemyy 13 Strategic Means to Capture a Fortressy 14 Secret Meansy 15 The Plan of a Treatise