Abstract
Abstract: During the Kakatiya period internal trade seems to have been in a fairly prosperous condition. The Kakatiya rulers, royal families, subordinate chiefs and others also encouraged development of internal trade. The trade was conducted by wellorganized merchant guilds. The epigraphical sources reveal that several kinds of merchant guilds used to carry on the commercial operations in the kingdom. The guilds were famous for carrying on the trade and each guild acted as a single corporation and their acts were recognized and respected by all. The guilds also tried to maintain cordial relations with the state since the successful functioning of trade and commerce depended upon the stability of the government and peace and order that prevailed in the kingdom. According to historical sources, the Kakatiya rulers, after remarkable development in agriculture and industry, widened the extent of internal trade centers and brought new markets and constructed good highways for the easy transport of commodities from place to another. Under these favorable circumstances, a brisk internal trade flourished.
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