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The Panchatantra tales are one of the earliest collection of fables ever written. The authorship of these stories is attributed to a learned Brahmin by the name of Pundit Vishnu Sharma who devised these tales for the purpose of instructing a king's irresponsible sons in the art of kingship. Thus, through the medium of interesting tales, the Pundit succeeded in imparting to his royal pupils the wisdom and common sense needed to become good and effective rulers. The values and noble ideologies incorporated in these ancient tales are as relevant today as they were centuries ago. It is hoped that like the princes of yore, today's young readers too will be inspired by Panchatantra tales and obtain valuable lessons from these stories.