History, asked by singhshivani277, 1 year ago

What are the contents of book 'Poverty and Un-british Rule'


Aditya7870: unable to understand

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Answered by Sombarna2004
1
Dadabhai Naoroji's work focused on the drain of wealth from India into England during colonial rule of British in India.[13] One of the reasons that the Drain theory is attributed to Naoroji is his decision to estimate the net national profit of India, and by extension, the effect that colonisation has on the country. Through his work with economics, Naoroji sought to prove that Britannia was draining money out of India.[14] Naoroji described 6 factors which resulted in the external drain. Firstly, India is governed by a foreign government. Secondly, India does not attract immigrants which bring labour and capital for economic growth. Thirdly, India pays for Britain's civil administrations and occupational army. Fourthly, India bears the burden of empire building in and out of its borders. Fifthly, opening the country to free trade was actually a way to exploit India by offering highly paid jobs to foreign personnel. Lastly, the principal income-earners would buy outside of India or leave with the money as they were mostly foreign personnel.[15] In Naoroji's book 'Poverty' he estimated a 200–300 million pounds loss of India's revenue to Britain that is not returned. Naoroji described this as vampirism, with money being a metaphor for blood, which humanised India and attempted to show Britain's actions as monstrous in an attempt to garner sympathy for the nationalist movement.[16]

When referring to the Drain, Naoroji stated that he believed some tribute was necessary as payment for the services that England brought to India such as the railways. However the money from these services were being drained out of India; for instance the money being earned by the railways did not belong to India, which supported his assessment that India was giving too much to Britain. India was paying tribute for something that was not bringing profit to the country directly. Instead of paying off foreign investment which other countries did, India was paying for services rendered despite the operation of the railway being already profitable for Britain. This type of drain was experienced in different ways as well, for instance, British workers earning wages that were not equal with the work that they have done in India, or trade that undervalued India's goods and overvalued outside goods.[17]Englishmen were encouraged to take on high paying jobs in India, and the British government allowed them to take a portion of their income back to Britain. Furthermore, the East India Company was purchasing Indian goods with money drained from India to export to Britain, which was a way that the opening up of free trade allowed India to be exploited.[18]

When elected to Parliament by a narrow margin of 5 votes his first speech was about questioning Britain's role in India. Naoroji explained that Indians were either British subjects or British slaves, depending on how willing Britain was to give India the institutions that Britain already operated. By giving these institutions to India it would allow India to govern itself and as a result the revenue would stay in India.[19] It is because Naoroji identified himself as an Imperial citizen that he was able to address the economic hardships facing India to an English audience. By presenting himself as an Imperial citizen he was able to use rhetoric to show the benefit to Britain that an ease of financial burden on India would have. He argued that by allowing the money earned in India to stay in India, tributes would be willingly and easily paid without fear of poverty; he argued that this could be done by giving equal employment opportunities to Indian professionals who consistently took jobs they were over-qualified for. Indian labour would be more likely to spend their income within India preventing one aspect of the drain.[20] Naoroji believed that to solve the problem of the drain it was important to allow India to develop industries; this would not be possible without the revenue draining from India into England

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