Paper I · 3 History of India & AP · 3.3.5 Land revenue and economic impact

3.3.5.6 Drain of wealth: Naoroji, R.C. Dutt and the economic critique

The drain-of-wealth theory said that India's resources flowed to Britain each year without a return, keeping India poor, and it became the core of the nationalist economic critique.

  • APPSC Paper I · Paper I
  • Standard level
  • 6 min read
  • Full course

Key terms

  • drain of wealth
  • Naoroji
  • R.C. Dutt
  • Home Charges
  • Un-British rule
  • Ranade
  • Welby Commission
  • bullion

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

Read the full note in the app. It is part of the APPSC Paper I full course in Medha AI. Free in the app: the first chapter of each topic.

Read the full note in the app History of India & AP questions with answers

All Land revenue and economic impact notes · APPSC Paper I syllabus · APPSC Paper I Mock 1 with answers · Start free

Medha AI writes its own notes and checks them against the sources listed. Medha AI is an independent preparation service. It is not affiliated with, endorsed by or connected to APPSC, TSPSC, MPSC, UPSC or any other commission or government body.