Due to the establishment of irrigation works, agriculture flourished during the Gupta era. Various aspects associated with the agricultural practices are mentioned in the sources of the Gupta Empire indicating the concern of the society with the agricultural production. The Poona plates of Prabhavati Gupta, as well as many other inscriptions, show that land surveying was done during the Gupta era.
During the Gupta period, the land was classified as Amarakoshalists (12 types of land):
Guptas issued several silver coins, which were further used for local trade. The Kushanas’ copper coins are more in number as compared to Gupta. This shows that the use of money was not the medium of exchange for the public(common people). The Gupta rulers also minted coins for various types. The coins show excellent craftsmanship. Craft production covered a myriad of items. Ordinary domestic items like earthen pots, metal tools, etc were produced along with luxury items like jewellery made of gold silver, and precious stones. Fine clothing items made of cotton and silk and other luxury items were made available to the affluent sections of people. Ancient texts dating back to the Gupta period such as Amarkosha and Brihat Samhita list many items and also the type of craftsmen that manufactured them.
Commercial activities and trade with the Central, West, Southeast-Asia, and Rome continued in this period. However, the Gupta period witnessed a decline in long-distance trade as trade with the Roman Empire declined after the 3rd century AD. Indian merchants were more relied upon for South-East Asian trade. There were organizations that facilitated the functioning of both the craftsmen and traders. These organisations were known as ‘Srenis’. The State was expected to provide them protection and to respect their rules and regulations. The members of the Srenis were also expected to follow the norms of the organization.
After going through the various aspects of the economy, society, religion, and decline of the Gupta Empire, we witness that there were significant changes when compared to the earlier periods. Brahmanas exerted significant influence over the kings. The condition of ordinary cultivators also declined during the period. Varna system continued in the society of the Gupta period.
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