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Chanakya lived between the period Fourth Century B.C. and last part of Second Century B.C. He was an inhabitate of Taksasila University. Now, after partition, Taksasila belongs to Pakistan.

The works of Chanakya are 'Arthshastra', Chanakya Niti and Chanakya's Sutras which have been used for identifying his contibutions to the field of Management. He was mentor of King Chandragupta Maurya who was brought to power in place of Nanda dynasty in the kingdom of Magadh in 321 B.C. Great acharya Chanakya was instrumental in Chandragupta's ascendning to throne in place of Nanda dynasty. He was also instrumental in foiling the attacks by Sikandar. He was key strategic planner, diplomat, administrator and philosopher pas excellence. He served as Prime Mininster of Magadh Kingdom when Chandragupta Maurya was King of Magadh for 24 years.

Chanakya's works refer to Shukra and Brihaspati as acharya/guru of demons and gods respectively. He has also commented upon the views of his predecessor acharyas like Bhardwaja, Manu, Parashar, Vishalaksha, Pishun, Kaunpdanta, Vatvyadhi and Bahudantiputra or Indra. Chanakya has differed from these authorities with reasons on several issues. Thus, he was a prolific scholar with independence of approach. He has displayed it through study, analysis and independent expression or original contribution.

Several of his views may not be relevant now due to changes in environment legal, technological, cultural, economic and political. But several of his views are of eternal value, irrespective of time and space factors. In fact, his theories/principles are rooted in vedantic philosophy which is timeless and space less.