Indian Nationalists and the Drain, 1880—1905

  title={Indian Nationalists and the Drain, 1880—1905},
  author={Bipan Chandra},
  journal={Indian Economic And Social History Review},
  pages={103 - 144}
  • Bipan Chandra
  • Published 1 April 1965
  • Economics, History
  • Indian Economic And Social History Review
IN the opinion of the Indian national leadership one of the most important causes of the poverty in India was the drain of wealth to England. According to one section of the leadership this drain was the very fountainhead of all evil in India. In fact, a great deal of the national agitation during the period under study was based on the ‘drain theory’ or the belief that a part of the national wealth or of its total annual product was being exported to England for which India got no adequate… 
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Unfortunately, I failed to trace a copy or report of the lecture
  • 1958
Also see G. Findlay Shirras, Poverty and Kindred Economic Problems in India (Government of India
  • 1935
Also see pp. 40-1. This idea of development of India's resources is to be contrasted with the later assertion of Dadabhai that investment of foreign capital in India
  • 1934
INC for 1886
  • Rep. INC for 1898
  • 1916
Also see G. Chesney, Indian Polity
  • 1914
18963, and EA
  • Indian Famines,
  • 1912
000 ; and non-effective charges, consisting mainly of the furlough and pension allowances of civil and military officers
  • 1902-3 the Home Charges
  • 1908
Suppose India ceased to export so largely, she would in proportion be paid less, and her peoples would accordingly suffer. It is they get the money or goods paid in return, and not the Government
  • The Real India
  • 1908
It should be noticed that the declared value of imports includes, but that of exports excludes, freightage
  • 154. Naoroji, Speeches
  • 1904