INDIAN HISTORY

Detailed explanation-1: -Dadabhai Naoroji estimated the Indian National Income and criticized the constant drain of wealth from India to England.

Detailed explanation-2: -Dadabhai Naoroji was the first Indian to estimate the national income of the country. 2. National Income Committee, established in India after getting independence was headed by Prof.

Detailed explanation-3: -Dadabhai Naoroji was the first to estimate the country’s per capita national income during the British rule for the year 1888. He was an Indian nationalist and critic of British economic policy in India.

Detailed explanation-4: -The first attempt to calculate national income of India was made by Dadabhai Naoroji. He estimated a National Income of Rs. 340 crore and per capita income of Rs. 20 in 1867-68.

Detailed explanation-5: -Rao, R.C. Desai and British Findlay Shirras and William Digby attempted to measure India’s national income. Among all, V.K.R.V. Rao was the most successful.