Hayat Ashraf

The Gupta period witnessed a favorable economic condition characterized by prosperity, stability, and vibrant trade networks. The Gupta Empire's economic policies and developments contributed to the growth of the economy and the overall well-being of society. Here are some key aspects of the economic condition during the Gupta period: 1. Agriculture: Agriculture formed the backbone of the Gupta economy. The majority of the population engaged in farming, and agriculture played a crucial role in ensuring food security and providing livelihoods. The introduction of new agricultural technologies, such as the cultivation of rice and improved irrigation methods, led to increased agricultural productivity. 2. Land Revenue System: The Gupta administration implemented an efficient land revenue system known as "Bhumi-Vyavastha." Under this system, the state collected taxes from landowners based on the productivity of their land. The revenue collected was utilized for public welfare...