General Knowledge - Indian History - Discussion
Discussion Forum : Indian History - Indian History (Q.No. 6)
6.
The theory of economic drain of India during British imperialism was propounded by
Discussion:
53 comments Page 5 of 6.
Mihir said:
9 years ago
The British govt take away our natural resourses as raw meterial for British industry and the outcome or final product were sold in India at a very high price and the salary of British high officers were given from the Indian treasury that lead to drain of wealth of British imperialism.
Suraj Mondal said:
9 years ago
Is it Dadabhai Naoroji's theory "Drain of Wealth" as a book?
Suraj Mondal said:
9 years ago
I think R.C. Dutta had a book "Drain of Wealth". Is it true?
Vinay kumar said:
8 years ago
Dadabhai Naoroji calculated the national income in India first time.
(2)
Ayushi said:
8 years ago
Why did he name his book "Poverty and Un-British rule in India"?
Why Un-British?
Why Un-British?
Ajay said:
8 years ago
In this theory, Naoroji elucidate the way in which the British is draining or eating up Indian wealth. For example, he says about the Cotton Sector in India. Raw Cotton is exported to England from India for almost free of cost.
Shivani dixit said:
8 years ago
The book was "poverty and unbritish rule in India" and the theory proposed by it was " drain theory" which explained how India's monetary resources were being drained and carried to England in the disguise of savings of officials, payment to war offices, etc.
(1)
Sudip Bauri said:
8 years ago
''The transfer of resources and wealth from India to England without providing "any equivalent return" which began in the second half of the eighteenth century had been christened by Indian "'non-practicing"' economists like Dadabhai Naoroji, M. G. Ranade, R. C. Dutt as the "economic drain". The drain theory "which Indian thinkers made their own" was as old as Rammohun Roy, through Naoroji and others it came to Gandhi.
(2)
Jigar said:
8 years ago
He wrote the book 'drain of wealth'.
(1)
DEBASHISH said:
7 years ago
Dadabhai Naoroji was the first non-Congress pm in India.
(2)
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers