Dadabhai Naoroji was the foremost proponent of the "Economic Drain" theory, which argued that British rule was impoverishing India by siphoning off its wealth and resources through various means, such as salaries of British officials, military expenses, profits of British companies, and interest on debt.
Who propounded the theory of "Economic Drain" of India during British Rule :
Asked in UPPCS Prelims 1995 · Topic: Economic Impact of British Rule on India (Drain of Wealth Theory and its Mechanisms)
More Modern History of India questions
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