write about the drain theory
Answers
Answer:
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 colonial rule had on the country. Through his work with economics, Naoroji sought to prove that Britain was draining money out of India.
Answer:
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 colonial rule had on the country. Through his work with economics, Naoroji sought to prove that Britain was draining money out of India.
Born: 4 September 1825; Navsari, Bombay Presidency, British India
Died: 30 June 1917 (aged 91); Bombay, Bombay Presidency, British India
Other political affiliations: Co-founder of Indian National Congress