write a shortnote on economic drain
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The drain of wealth was the portion of India's wealth and economy that was not available to Indians. In 1867, Dadabhai Naoroji put forward the 'drain of wealth' theory in which he stated that the Britain was completelydraining India. He mentioned this theory in his book Poverty and Un-British Rule in India.
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The drain of wealth was the portion of India's wealth and economy that was not available to Indians. In 1867, Dadabhai Naoroji put forward the 'drain of wealth' theory in which he stated that the Britain was completelydraining India. He mentioned this theory in his book Poverty and Un-British Rule in India.
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