Thursday, October 22, 2009

40 ways of ‘stealing’ government wealth

Books of Account
Kautilya’s Arthashastra
Priyadarshni Academy
( http://www.jaicobooks.com/ )

Pay cap

“If the amount of the actual cash in the treasury was inadequate, salaries could be paid partly in cash, and partly in kind. Grain could be substituted for cash wages according to the formula that an annual salary or wage of 60 panas was equ al to one adhaka of grain per day,” informs Kautilya’s Arthashastra brought out by Priyadarshni Academy.

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