What is drain of wealth?how indian …

• The constant flow of wealth from India to England for which India did not get an adequate economic, commercial or material return has been described by Indian national leaders and economists as ‘drain’ of wealth from India. The colonial government was utilizing Indian resources- revenues, agriculture, and industry not for developing India but for its utilization in Britain. If  these resources been utilised within India then they could have been invested and the income of the people would have increased.
• The drain of wealth was interpreted as an indirect tribute extracted by imperial Britain from India year after year.

The drain of wealth was the portion of India's wealth and economy that was not available to Indians. In 1867, Dadabhai Naoroji put forward the 'drain of wealth' theory in which he stated that the Britain was completely draining India. He mentioned this theory in his book Poverty and Un-British Rule in India.