Question

what is drain theory referred by dadabhai naroji..... explain it... ​

Answer 1

Answer:

DRAIN THEORY. Drain theory is the theory put forward by Dadabhai Naoroji, which is included in his book 'Poverty and UnBritish Rule in India'. It deals about the truth that the drain of wealth to Britain was the root cause of poverty in India at the time of British rule.

Answer 2

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The Drain of Wealth theory was originally propounded by Dadabhai Naoroji and later it was developed and analyzed by R.P. Dutt, M.G.Ranade etc. This theory was merely a depiction as to how all the riches of India were being drained by the England. The constant flow of wealth from India to England for which India did not get any type of return is what is known as Drain of wealth theory.

All the resources that were present in India were being utilized by the Britain for their development. If the same resources would have been used in India back then, then the income of the people would have increased tremendously and thereby improving the living standards.

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