Question

Who exposed the economic exploitation of India through his book ‘Poverty and Un-British rule in India’?

Answer 1

Hint:
- He was the co-founder of the Indian National Congress in 1885.
- He was a famous leader from the Moderates group.
- He was the first Indian person to win a seat in the British Parliament's House of Commons.

Complete answer:
-The economic exploitation of India through the book ‘Poverty and Un-British rule in India’ was exposed by Dadabhai Naoroji. Dadabhai Naoroji was the principal man to state that inner elements were not the reasons of neediness in India but rather destitution was brought about by the British rule that was depleting the riches and flourishing of India.

-The 'Drain of Wealth' hypothesis was put forward by Dadabhai Naoroji in 1857. He expressed that Britain was draining India. He referenced this hypothesis in his book Poverty and Un-British Rule in India. He set forward the possibility that Britain was depleting and draining India and that, as well, in vain. Naoroji contended that magnificent Britain was depleting ceaselessly India's abundance to itself through shady monetary strategies including:

> The weighty monetary weight of the British common and military contraption in India;

> The abuse of the nation because of deregulation;

> Non-Indians removing the cash that they acquired in India; and

> The interest that India paid on its public obligation held in Britain.

Further in his book, he expressed the deficiency of 200-300 million pounds of income to Britain. Dadabhai Naoroji thought about it as a significant evil of British in India. On the strides of Dadabhai Naoroji, R. C. Dutt additionally advanced a similar hypothesis by keeping it as a significant subject of his book Economic History in India. The channel of abundance was the part of India's riches and economy that was not accessible to Indians for utilization.
He mentioned that through various administrations, for example, railroads, India gave a tremendous amount to Britain. Then again, exchange just as Indian work was profoundly underestimated. Alongside this, the East India Company was purchasing items from India with Indian cash and sending them to Britain.

Note:
- Naoroji has presided over many annual sessions of the Indian National Congress. His ideas led to the nationalist movement.
- In the 1906 Calcutta meeting of the Indian National Congress, Dadabhai Naoroji embraced Swaraj or 'self-government' as the objective of Indian individuals.
- He set up the Bombay Association in 1852 which was the first political connection in India.