WHAT DO U MEANT BY....DRAIN THEORY....?????
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In 1867, Dadabhai Naoroji put forward the 'drain of wealth' theory in which he stated that the Britain was completely draining India. ... The drain of wealth was the portion of India's wealth and economy that was not available to Indians for consumption.
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Drain theory:
Drain of weath theory was given by Dadabai Naroji in his book 'poverty and un-british rule in India and has presented a deep study on this 'Drain of Wealth' theory.It is the theory about how britishes transferred the wealth of India to britain and left India in Poverty.
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