DRAIN THEORY OF WEALTH BY DADABHAI NAOROJI
DADABHAI NAROJI:- He was the first Asian to be a British MP and the first Indian to become a Professor at Elphinstone Institution in 1850. The ‘Grand Old Man of India’ and the ‘Father of Indian Nationalism’ are the epithets to explain the personality of this great man who was an educator, cotton trader and social leader. He is none other than Dadabhai Naoroji, who was born on 4th September 1825 at Khadak in Mumbai. He was a Member of Parliament (MP) in the United Kingdom House of Commons between 1892 and 1895. Dadabhai Naoroji played a crucial role in founding the Indian National Congress along with two other famous politicians of that time i.e. A.O. Hume and Dinshaw Edulji Wacha. Dadabhai Naoroji’s concept of wealth drain from India during British rule got huge attention. He mentioned the same concept in his book Poverty and Un BRITISH Rule in -INDIA After completing his schooling, Dadabhai Naoroji finished his Masters degree in Mathematics and worked as a professor in...