In fact, the village in India has been looked upon as the basic unit of administration as early as the earliest Vedic age. Gramini or the leader of the village is mentioned in the Rigveda (X. 62.II; 107.5). Reference to the gram Sabha or the local village assemblies are found in the Jatakas as well. Shreni was the well-known term for merchant guilds. “The village continued to be regarded as a corporate political unit throughout the post Vedic period. Thus in the Vishnu and Manu Smritis, the village is reckoned as the smallest political unit in the state fabric.”[53] The Dharma Sutras and Dharama Shastras contain frequent references to Gana and Puga, both of which terms seem to have denoted the village or town corporations. Archaeological evidence in the form of numerous ancient Inscriptions also confirms the testimony of literature regarding the prevalence of these local self-governing institutions.