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Protected: Solution: Daily Problem Practice [Modern India: Week 22]- 13 March

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“It is not the pitiless operations of economic laws, but it is thoughtless and pitiless action of the British policy; it is pitiless eating of India’s substance in India and further pitiless drain to England, in short it is pitiless perversion of Economic Laws by the sad bleeding to which India is subjected, that is destroying India.”- Dadabhai Naoroji. In the light of the given statement, explain the Drain of Wealth Theory and its impact on the growth of economic nationalism in India.
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