View Drain Of Wealth Theory Home Charges PNG. Drain of wealth refers to the theory given by dadabhai naroji who for the first time exposed the real face of british rule in his famous book. The drain of wealth theory was systemically initiated by dadabhai naoroji in 1867 and further analysed and for more details related to drain of wealth for upsc civil services preparation you can refer this article for better understanding.

Constituents of drain of wealth:

Drain of wealth refers to the theory given by dadabhai naroji who for the first time exposed the real face of british rule in his famous book. In 1867, dadabhai naoroji put forward the 'drain of wealth' theory in which he stated that the britain was completely draining india. The central point of the drain theory is that a portion of the national product of india was not in other words, it was a unilateral transfer of wealth from india to england.  defines as ' a constant or continuous flows of wealth from india to england'.