Question

What was the drain theory

Answer 1

Dadabhai Naoroji's work focused on the drain of wealth from India into England through colonial rule. 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.

Answer 2

Answer:

The Moderates were the first to study the ill effects of British rule on India. They explained the drain of resources into England and called it "drain theory".