Studies in Ancient Hindu Polity (Based on the Arthashastra of Kautilya), Vol. I c14.s3.5
Studies in Ancient Hindu Polity (Based on the Arthaśāstra of Kauṭilya), Vol. I c14.s3.5
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c14.s3.5
In those olden days the exploitation by the grinding money-lenders of the necessities of the poor and the needy was checked by a fair rate of interest. The fair rate was determined by the State, which punished all deviations from it.