Explain the ‘Drain of Wealth Theory’ of Dadabhai Naoroji.
Points to Remember: Dadabhai Naoroji’s Drain of Wealth Theory British exploitation of India Economic impact of colonialism Methodology and criticisms of the theory Introduction: Dadabhai Naoroji, a prominent Parsi intellectual and nationalist leader, is renowned for his pioneering work on the economic exploitation of India under British rule. His “Drain of Wealth” theory, articulated most … Read more