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Abstract
In India, the act of dana(The nearest English equivalent for word ‘dana’ is ‘the act of giving’ ‘oblation’, ‘donation’, ‘gift’; Monier Williams Sanskrit English Dictionary. p. 474)1 has been highly appreciated right from earliest times. There are danastutis (eulogies of gifts) in the Rigveda (1.125)2 in which the gifts made by king and danain general are eulogised. Among the objects gifted, the most important are cows. In Rigveda (1.126.3)3 Kaksivat represents that he received sixty thousand cows from Svanaya, along with ten chariots to each of which four bays of horses were yoked and in which young girls were seated.