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Bridging Indian knowledge system and modern governance for sustainable development
Authors
Kanak dubey,Dr.Zaibun Nisa,Shadab Suhail
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Keywords
Indian knowledge system,modern governance, sustainable development,self realisation, corporate governance
Abstract
In the contemporary context, the Indian Knowledge System (IKS) holds considerable significance as a comprehensive knowledge tradition characterized by logic, diversity, openness and scientific reasoning. It represents the accumulated customs, cultural values, experiences and wisdom transmitted across generations and different historical periods. The contributions of several eminent Indian thinkers and scholars have brought the spiritual philosophy and managerial insights embedded within various components of IKS to global attention. At sits core, the Indian Knowledge System emphasizes the pursuit of higher self-realization through spiritual knowledge. The Bhagavad Gita, one of India's significant contributions to global thought, offers extensive wisdom with relevance to everyday life as well as professional and managerial contexts.
In the contemporary business environment, sustainable development has emerged as a major concern across different spheres of life. Sustainabiliity has increasingly become an important consideration for both large corporations and small and medium-sized enterprises. Alongside financial performance and return on investment, organisations are paying greater attention to their social and environmental responsibilities. Consequently, corporate governance is gradually expanding its focus from financial outcomes to the broader social and environmental impact of business activities. Against this background, the present study examines the relationship and interdependence between corporate governance and sustainable development through the perspective of the Indian Knowledge System.
The study aims to explore whether traditional Indian Knowledge can provide meaningful insights for addressing managerial challenges within organizations. Particular emphasis is placed on the managerial lessons derived from the Bhagavad Gita, Ramayana and Mahabharata. The study is based on secondary data. The findings suggest that the managerial teachings embedded in these Indian texts can be valuable for business professionals by helping them overcome the fear of failure and enhance their competencies and capabilities. The study further concludes that incorporating relevant lessons from different dimensions of the Indian Knowledge System can contribute to improving the effectiveness and efficiency of business organisations.
Keywords: Indian Knowledge System, Modern governance, Sustainable Development, self realisation, corporate governance
IJCRT's Publication Details
Unique Identification Number - IJCRT2608499
Paper ID - 312988
Author type - Indian Author
Page Number(s) - e678-e690
Pubished in - Volume 14 | Issue 8 | August 2026
DOI (Digital Object Identifier) - https://doi.org/10.56975/ijcrt.v14i8.312988
No Of Downloads - 52
Author Country - India, 226013, Lucknow, Lucknow, 226013, Commerce and Management, MBA All Branch
Publisher Name - IJPUBLICATION | www.ijcrt.org | ISSN : 2320-2882
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Kanak dubey,Dr.Zaibun Nisa,Shadab Suhail, "Bridging Indian knowledge system and modern governance for sustainable development", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.14, Issue 8, pp.e678-e690, August 2026, Available at :http://www.ijcrt.org/papers/IJCRT2608499.pdf
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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