The age of history in which the Vedas were composed in the Indian subcontinent is known as the Vedic Age. The Vedas were composed by the Aryans. There are four Vedas—the Rigveda, Samaveda, Yajurveda, and Arthaveda. The period when the Aryans first settled in India during 1500–1000 BC is known as the Early Vedic Period. Rig Vedic Economy is discussed below
Rig Vedic Economy
Agriculture: The Rig Vedic Aryans were mainly scattered in villages. They frequently prayed for plentiful rain and bountiful harvest, large herds of cattle and, good health. It shows that agriculture was an important occupation of the village folk. However, the only grain referred to in the Rig Veda is Yava which could mean grain in general or barley in particular.
Domestication of Animals: The Rig Vedic Aryans had mainly a pastoral economy. Cattle formed an important item of dona (gifts) made to the priests. The word Gomat was used to signify a wealthy person. It meant the one who possessed many cattle, especially the cows and bulls. Other domesticated animals were the ox, the horse, the dog, the goat, and the sheep.
Trade Transactions, Crafts, and Transportation: The people were engaged in trade, cloth, and leather goods being the main items. The barter system was practiced for trade transactions. The cow was the standard unit of value. Men and women were engaged in weaving cloth. The metal-workers of the smiths were skilled in making weapons, implements, and ornaments. The metal ayas mentioned in the Rig Veda is generally taken to mean copper or bronze, although it has been understood as iron also. They used horses and bullocks for carrying goods from place to place. They also transported goods through the inland rivers
The Vedic Period
The age of history in which the Vedas were composed in the Indian subcontinent is known as the Vedic Age. The Vedas were composed by the Aryans. There are four Vedas—the Rigveda, Samaveda, Yajurveda, and Arthaveda. Read more
The Age of the Guptas
The Gupta Empire ruled the country from AD 320 to AD 540. It was not as large as the Mauryan Empire, but it politically united the North Indian territories for more than a hundred years. Read more
The Mughal Empire
The weakness of the Delhi Sultanate and political disunity thereafter led to the establishment of Mughal rule in India. The Mughal Empire was founded by Babur after he defeated Ibrahim Lodi in the First Battle of Panipat in 1526. Read more
The Medieval India – South india and Cholas
The Chera kingdom was one of the earliest kingdoms in South India. They were later defeated by the Pallavas in the 4th century AD. In the 10th century, the Cholas became a powerful kingdom in the South. Read more