Question

write a short note on drain of India's wealth during the British rule​

Answer 1

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Drain of wealth means that economic policies of the British in India were primarily motivated to snatch maximum benefits from India's trade. India's foreign trade generated large export surplus. This export surplus did not result in any flow of gold or silver into India. There was drain of India's wealth into Britain.

Answer 2

Answer:

Dadabhai Naoroji propounded the theory of 'Drain of Wealth' in the 19th century. The colonial period was characterized by the exploitation of Indian resources. ... Thus, the British rule drained out Indian wealth for the fulfillment of its own interests.

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