DRAIN THEORY OF DADABHAI NAOROJI PDF

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THE name of Dadabhai Naoroji has been associated in the minds of. Indians students of economics with the controversial ‘Drain Theory’: Dadabhai spoke and . Dadabhai Naoroji and the Drain Theory [B.N. Ganguli] on *FREE* shipping on qualifying offers. The Drain of Wealth theory was systemically initiated by Dadabhai Naoroji in and further analysed and developed by R.P. Dutt, M.G Ranade etc. The ” drain.

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Dadabhai Naoroji

Thirdly, India pays for Britain’s civil administrations and occupational army. Naoroji was a staunch moderate within the Congress, during the phase when opinion in the party was split between the moderates and extremists. InKhurshedben was hteory along with other revolutionaries for attempting to hoist the Indian flag in a Government College in Ahmedabad.

These, together with the payment in sterling by the government of India of the pensions and allowances of British officials, constituted a heavy burden on the resources of India. Further development was checked by the frequent invasions of India by, and the subsequent continuous rule of, foreigners of entirely different character and genius, who, not having any sympathy with the indigenous literature — on the contrary, having much fanatical antipathy to dadabai religion of the Hindus — prevented its further growth.

From Wikipedia, the free encyclopedia. Furthermore, the East India Company was purchasing Indian goods drakn money drained from India to export to Britain, which was a way that thoery opening up of free trade allowed India to be exploited. In this above quotation he explains his theory in which the British used India as a drain of wealth.

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Wikipedia articles incorporating a citation from the Encyclopaedia Britannica with Wikisource reference CS1 maint: This body naturally increases in influence This Association soon won the support of eminent Englishmen and was able to exercise considerable influence in the British Parliament. He died in Bombay on 30 Juneat the age of Retrieved 13 December Mahatma Gandhi wrote to Naoroji in a letter of that “The Indians look up to you as children to the father.

The thousands [of Indians] that are being sent out by the universities every year find themselves in a most anomalous position.

Priest-hood, first for power and afterwards from ignorance, completed the mischief, as has happened in all other countries. Hinnells 28 April Such is really the feeling here.

The essence of the drain theory is that the unilateral transfers that India was compelled to make to Britain systematically stripped the country of resources and thus perpetuated poverty. By presenting himself as an Imperial citizen he was dwdabhai to use rhetoric to show the benefit to Britain that an ease of financial burden on India would have.

MP for Finsbury Central — Today the Dadabhai Naoroji Roada heritage road of Mumbai, is named after him.

It was observed that a poor country like India was made to subsidise the imperial defence. You must be logged in to post a comment.

India Post dedicated stamps to Naoroji inand He was also a member of naorohi Second International along with Kautsky and Plekhanov.

Dadabhai Naoroji – Wikipedia

This was shown in his comments which became increasingly aggressive. Economic and Political Weekly. Views Read Edit View history. The second item was military expenditure. This type of drain was experienced in different ways as well, for instance, British workers earning wages that were not equal with the work that they have done in India, or trade that undervalued India’s goods naorojii overvalued outside goods.

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Wikiquote has quotations related to: All [the Europeans] effectually do is to eat the substance of India, material and moral, while living there, and when they go, they carry away all they have acquired. Leave a Reply Click here to cancel reply.

Drain Theory: What do you mean by Drain Theory?

When referring to the Drain, Naoroji stated that he believed some tribute was necessary as payment for the services that England brought to India such as the railways.

Inhe also founded a Gujarati fortnightly publication, the Rast Goftar or The Truth Tellerto clarify Zoroastrian dadavhai and promote Parsi social reforms. William Frederick Barton Massey-Mainwaring.

Naoroji is also credited with the founding of the Indian National Congress dadahhai, along with A. Naoroji emphasised three types of drain. InNaoroji directed the launch the London Indian Society, the purpose of which was to discuss Indian political, social and literary subjects.

Dadabhai Naoroji is regarded as one of the most important Naoroij during the independence movement. Retrieved 19 May Wikimedia Commons has media related to Dadabhai Naoroji. The Journal of Asian Studies. Naoroji published Poverty and un-British Rule in India in