Market Oversight & Consumer Protection

The Panyadhyaksha (market superintendent); price controls and quality standards; weights and measures standardization; anti-fraud measures and penalties; relevance to SEBI, CCI, and modern regulatory frameworks

Lessons in this chapter

• Panyadhyaksha: The Market Superintendent — Guardian of Fair Commerce
• Mulya-Niyamana: Price Controls and Fair Markets — When to Intervene, When to Restrain
• Mana-Parimana: Weights and Measures Standardization — The Foundation of Trust
• Kapata-Nirodha: Anti-Fraud and Quality Control — Detecting Deception in Commerce
• Upabhokta-Raksha: Consumer Protection Principles — The Buyer's Ancient Rights
• Modern Regulators: SEBI, CCI, and Ancient Principles — The Panyadhyakshas of Digital India
• Relevance in 2026 and Beyond — When the Market Has No Panyadhyaksha

Back to Arthashastra: Economic Principles