The Early History of India, from 600 B.C. to the Muhammadan Conquest, including the Invasion of Alexander the Great c24.s3.33
The Early History of India, from 600 B.C. to the Muhammadan Conquest, including the Invasion of Alexander the Great c24.s3.33
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c24.s3.33
Craft-guilds were a feature of the age. At Govardhan, near Nāsik, there were guilds of oil-pressers, hydraulic machine-artisans, potters, and weavers; while at Junnar there were similar guilds of corn-dealers, bamboo-workers, and braziers. These guilds acted as banks, in which money could be deposited at interest, such deposits being always made in the indigenous currency (*kārshāpanas*). Permanent endowments, such as those for religious purposes, were publicly proclaimed and registered in the records of a *nigama-sabha* or town-assembly.