Which one of the following statements about the Gupta period in Indian History is not correct?

Sanskrit language and literature, after centuries of evolution, reached what has been described as a level of classical excellence through royal patronage.

The status of women was redefined. They were entitled to formal education and hence there were women teachers, philosophers and doctors. Early marriage was prohibited by law and they were given the right to property.

Decentralization of administrative authority was impacted by increased grants of land and villages with fiscal and administrative immunities to priests and temples.

Land grants paved the way for feudal developments and emergence of serfdom in India, resulting in the depression of peasantry.