Dadabhai Naoroji introduced the Drain of Wealth Theory in 1867, explaining how British colonial rule systematically transferred India’s wealth to Britain. BulletsIn Drain of Wealth Theory explained economic exploitation of India under British colonial rule. Dadabhai Naoroji first presented the idea in his paper “England’s Debt to India” in 1867. Theory was later detailed in
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Dadabhai Naoroji introduced the Drain of Wealth Theory in 1867, explaining how British colonial rule systematically transferred India’s wealth to Britain. BulletsIn Drain of Wealth Theory explained economic exploitation of India under British colonial rule. Dadabhai Naoroji first presented the idea in his paper “England’s Debt to India” in 1867. Theory was later detailed in
