Public Administration in Ancient India c16.16

c16.16

The mines formed a very important source of revenue to the State. The receipts from mines consisted of the yield of the State-mines and also a share of the produce of mines privately owned, whether the produce consisted of precious metals or of ordinary minerals. The nine kinds of income derived from mines were: (i) output of minerals, (ii) a share of the output, (iii) a duty of 5 per cent., (iv) assaying charges, (v) fines, (vi) tolls, (vii) compensations for the loss of the King's revenues, (viii) coining charges, and (ix) a premium of 8 per cent.³