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Indian Knowledge Systems as a Foundation for Developing Circular and Sustainable Economic Models in Contemporary Commerce

Indian Knowledge Systems as a Foundation for Developing Circular and Sustainable Economic Models in

PS
Pankaj Sharma✉️
Shri K K Shastri Government Commerce College·
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Abstract

Abstract:

Indian Knowledge Systems (IKS), comprising the philosophical, ecological, economic, and craft traditions that have evolved on the Indian subcontinent over several millennia, encode principles of resource conservation, minimal waste, communal sharing, and regenerative living that align closely with the modern circular economy (CE) paradigm. This paper examines how core IKS concepts such as Dharma, Ahimsa, Vasudhaiva Kutumbakam, and Prakriti,Purusha balance, together with concrete traditional practices in water management, textiles, agriculture, architecture, and community enterprise, offer a culturally rooted foundation for building circular and sustainable business models in contemporary commerce. Using a qualitative, literature, based methodology, the paper maps IKS principles onto the standard 9R circular economy framework, presents illustrative case studies (stepwell water systems, khadi and natural, dye textiles, Zero Budget Natural Farming, Panchgavya, based bio,inputs, vernacular architecture, and self,help,group enterprises such as Kudumbashree), and discusses their translation into present,day supply chains, MSME and startup practice, and corporate sustainability strategy. The paper concludes that IKS is not a nostalgic relic but an operational knowledge base that, when combined with modern technology, certification, and policy support, can help India and the wider world move toward economies that are regenerative, low, waste, and socially embedded, while also identifying the challenges of scaling, documentation, and intellectual, property protection that must be addressed to realise this potential.

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IKS–Circular Economy Principle Mapping

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References

Showing 40 of 40 references · APA 7 format
1

Towards the Circular Economy: Economic and Business Rationale for an Accelerated Transition

2

National Education Policy 2020

3

The Kautilīya Arthaśāstra

4

Conceptualizing the circular economy: An analysis of 114 definitions

5

Zero Budget Natural Farming Guidelines

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Khadi and Village Industries Commission Annual Report

7

Kudumbashree: A Study of Women's Self-Help Groups in Kerala

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Traditional water harvesting systems of India: A review of stepwells and tanks

9

Kautilya: The Arthashastra

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Panchgavya and organic farming: Traditional knowledge in contemporary agriculture

11

Towards the Circular Economy: Economic and Business Rationale for an Accelerated Transition

12

National Education Policy 2020

13

The Kautilīya Arthaśāstra

14

Conceptualizing the circular economy: An analysis of 114 definitions

15

Zero Budget Natural Farming Guidelines

16

Khadi and Village Industries Commission Annual Report

17

Kudumbashree: A Study of Women's Self-Help Groups in Kerala

18

Traditional water harvesting systems of India: A review of stepwells and tanks

19

Kautilya: The Arthashastra

20

Panchgavya and organic farming: Traditional knowledge in contemporary agriculture

21

Towards the Circular Economy: Economic and Business Rationale for an Accelerated Transition

22

National Education Policy 2020

23

The Kautilīya Arthaśāstra

24

Conceptualizing the circular economy: An analysis of 114 definitions

25

Zero Budget Natural Farming Guidelines

26

Khadi and Village Industries Commission Annual Report

27

Kudumbashree: A Study of Women's Self-Help Groups in Kerala

28

Traditional water harvesting systems of India: A review of stepwells and tanks

29

Kautilya: The Arthashastra

30

Panchgavya and organic farming: Traditional knowledge in contemporary agriculture

31

Towards the Circular Economy: Economic and Business Rationale for an Accelerated Transition

32

National Education Policy 2020

33

The Kautilīya Arthaśāstra

34

Conceptualizing the circular economy: An analysis of 114 definitions

35

Zero Budget Natural Farming Guidelines

36

Khadi and Village Industries Commission Annual Report

37

Kudumbashree: A Study of Women's Self-Help Groups in Kerala

38

Traditional water harvesting systems of India: A review of stepwells and tanks

39

Kautilya: The Arthashastra

40

Panchgavya and organic farming: Traditional knowledge in contemporary agriculture

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Author Information

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PS
Pankaj Sharma ORCIDCorresponding Author
Shri K K Shastri Government Commerce College

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Conceptualization, Data Curation, Formal Analysis, Funding Acquisition, Investigation, Methodology, Project Administration, Resources, Software, Supervision, Validation, Visualization, Writing – Original Draft, Writing – Review & Editing

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Sharma, P. (2026). Indian Knowledge Systems as a Foundation for Developing Circular and Sustainable Economic Models in Contemporary Commerce. Journal of Management, Commerce & Business Research, 1(1), . https://doi.org/
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📥 Received
21 July 2026
✏️ Revised
✅ Accepted
25 July 2026
📅 Published
30 July 2026
📄 Version of Record
30 July 2026
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📖 Issue
Volume 1, Issue 1 (July 2026)
📃 Pages
(0 pages)
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JMCBR-V1-I1-V1-I1-J-2026-0006
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CC BY-NC 4.0
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