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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India was paying tribute for something that was not bringing profit to the country directly. The thousands [of Indians] that are being sent out by the universities every year find themselves in a most anomalous position. It was also important to examine British and Indian trade to prevent the end of budding industries due to unfair valuing of goods and services. Such is really the feeling here. Life Sketch and Contribution to Indian Economy.
In other projects Wikimedia Commons Wikiquote Wikisource. Within three years, he had daeabhai on ethical grounds. He set forth his views about the situation in India over the course of history of the governance of the country and the way in which the colonial rulers rules. The Association was instrumental in counter-acting the propaganda by the Ethnological Society of London which, in its session inhad tried to prove the inferiority of the Asians to the Europeans.
Naoroji moved to Britain once again and continued his political involvement. Firstly, India is governed by a foreign government.
Drain Theory: What do you mean by Drain Theory?
New Delhi Mittal Publications. Fourthly, India bears the burden of empire building in and out of its borders.
Being an Athornan ordained priestNaoroji founded the Rahnumae Mazdayasne Sabha Guides on the Mazdayasne Path on 1 August to restore the Zoroastrian religion to its original purity and simplicity.
By presenting himself as an Imperial citizen he was able to use rhetoric to show the benefit to Britain that an ease of financial burden on India would have.
Secondly, India does not attract immigrants which bring labour and capital for economic growth. Priest-hood, first for power and afterwards from ignorance, completed the mischief, as has happened in all other countries. Wikiquote has quotations related to: Naoroji explained that Indians were either British subjects or British slaves, depending on how willing Britain was to give India the institutions that Britain already operated. First, the most important item was the remittance to England of a proportion of salaries, incomes, and saving by civil, military employees of the British origin, as well as by professionals such as lawyers and doctors.
The Journal of Asian Studies. He also brought up the way that Britain objected to the drain of wealth to the papacy during the 16th century.
Marginal contributions to the theory were also made by R. Naoroji showed how the ideologies of Britain conflicted when asking them if they would allow French youth to occupy all the lucrative posts in England.
Naoroji is also credited with the founding of the Indian National Congressalong with A. Over time, Naoroji became more extreme in his comments as he began to lose patience with Britain. Retrieved from ” https: Dadabhai Naoroji 4 September — 30 Juneknown as the Grand Old Man of Indiawas a Parsi intellectual, educator, cotton trader, and an early Indian political and social leader. Dadabhai Naoroji’s work focused on the drain of wealth from India to England during colonial rule of British in India.
If we twenty eight crore of Indians were entitled to send only one member to the British parliament, there is no doubt that we would have elected Dadabhai Naoroji unanimously to grace that post.
Dadabhai Naoroji – Wikipedia
Cotton Gokhale Naoroji R. What must be the inevitable consequence? When elected to Parliament by a narrow margin of 5 votes his first speech was about questioning Britain’s role in India. 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. The difficulties thrown in the way of according to the natives such reasonable share and voice in the administration of the country ad they are able to take, are creating some uneasiness and distrust.
Leave a Reply Click here to cancel reply. Naoroji emphasised three types of drain. MP for Finsbury Central — Just as in the case of civil servants, the remittances of a proportion of salaries, incomes and savings by British military personnel and the payment in sterling by the government of India of pensions and other allowances to the army officers, constituted an item of drain.
He was also a member of the Indian National Association founded by Sir Surendranath Banerjee from Calcutta a few years before the founding of the Indian National Congress in Bombay, with the same objectives and practices. Instead of paying off foreign investment which other countries did, India was paying for services rendered despite the operation of the railway being already profitable for Britain.
Retrieved 9 December These, together with the payment pf sterling by the government of India of the pensions and allowances of British officials, constituted a heavy burden on the resources of India. India Post dedicated stamps to Naoroji inand Gandhi Mukherjee Shinde Kharge. Economic and Political Weekly.
Inhe also founded a Gujarati fortnightly publication, the Rast Goftar or The Truth Tellerto clarify Zoroastrian concepts and promote Parsi social reforms.