In the donated villages the peasants paid tax to the donees instead of the king. Next to agriculture, the most important industry of the Bhauma period was the manufacture of cloth.
Women enjoyed high position in the society during the Bhaumakara period. Although, they were dependant on their parents and husbands, still they commanded respect in the society.
The history of Greek settlement in the north-western part of India before Alexander's invasion is only known from coins. Even the history of Satavahanas, about whom the different version of the Puranas give different genealogical and chronological list of kings are known from coins alone.
While writing Oriya history, historians like Sir W.W.Hunter and Andrew Stirling considered the facts related in Madala Panji as base. The Madala Panji was traditionally written on a year-to-year basis.
In 1949 a new chapter opened in the history of Odisha with the excavation at Sisupalgarh conducted by B.B. Lal. A fort with impressive gateways led historians to identify it with Kalinganagari which is assumed as the capital city of Kharavela. The art and architecture of Khandagiri and Udayagiri added another source to the history of ancient Odisha.
The earliest coins available in Odisha are punch-marked coins which were in circulation between 4th century B.C. to 4th century A.D. These coins were profusely available in coastal eastern parts of Odisha.