INDIAN HISTORY

Detailed explanation-1: -In 1867, Dadabhai Naoroji put forward the ‘drain of wealth’ theory in which he stated that Britain was completely draining India.

Detailed explanation-2: -Dadabhai Naoroji wrote the book ‘Drain of Wealth’. The two books which wrote by Dada Bhai Naoroji, explaining the drain of Indian’s wealth were Poverty and the unBritish Rule in India and Poverty of India.

Detailed explanation-3: -Dadabhai Naoroji was an Indian nationalist and critic of British economic policy in India. He put forward the drain theory in his book “Poverty and UnBritish Rule in India". He became widely known for his unfavourable opinion of the economic consequences of British rule in India.