explain the drain theory?
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Dadabai Navoroji explained the drain of resources of India into England through scientific statistics and called it Drain theory
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Drain theory is the major contribution of Dadabhai naroji. There was a drain of wealth from india to England during colonial rule. It was mainly in the form of salary ,taxes and gifts. He proved that the ecnomic drain under the British rule is the root cause of poverty in india.
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