Acharya Chanakya has been accepted as the undisputed benchmark and strategy formulator of ancient Indian political set-up and social values. He is a symbol of India s ingenious wisdom. He is considered as the pioneer who successfully experimented with strategic manipulations and the gambits of chess, in Indian politics. Chanakya was a practical strategist, as well as an economist. His Chanakya Neeti is the ideal guide for a citizens rights and duties; what is right and beneficial for him; what is harmful and immoral for him; he has comprehensively explained through his principles. His principle s (Sutras) or teachings are timeless. With the passage of time, they have become even more socially and politically relevant. Chanakya was the first management guru of the world. He showed comprehensively the way of managing every aspect of one s life. On the basis of what he taught, it can be said that success can be attained even today by managing your life properly.