He was the founder of, Indian national congress, along with A.O. hume and dinshaw wacha. His
unearthing of colonial economic exploitation
is the most important contribution to Indian national movement. In his book, poverty and unbritish rule in India, he exposes the economic exploitation of India under British rule.
Why dadabhai is called Grandfather of India?
Because he lived till the ripe old age of 91 at a time (1917) when the life expectancy of India was around 30 years
…;-) … For his time, he was the most active member in shaping of the Indian National Congress and also he was the oldest member at his times to have contributed the most for shaping up of Indian Politics.
What were the contribution of Dadabhai Naoroji?
He
played an instrumental role in the formation of the Indian National Congress
. He was a member of the Second International. Naoroji also served as a Member of Parliament (MP) in the United Kingdom House of Commons as a Liberal Party member. He was the first Indian to become a British MP.
What is naoroji’s drain theory?
In 1867, Dadabhai Naoroji put forward the ‘drain of wealth’ theory in which he
stated that the Britain was completely draining India
. … The drain of wealth was the portion of India’s wealth and economy that was not available to Indians for consumption.
The economic drain theory was put forward by
Dadabhai Naoroji
in his book “Poverty And Un-British Rule in India” in 1867. It stated major components of this drain in form of salaries and pensions of civil and military officials, along with interests and loans taken by the Indian Government from abroad.
Who is called Grand Old Man of India?
Dadabhai Naoroji reached Bombay (now Mumbai) from London on the afternoon of 3 December 1893. An estimated half a million people thronged the streets to welcome him.
What was the contribution of dadabhai naoroji in freedom struggle?
He was the founder of, Indian national congress, along with A.O. hume and dinshaw wacha. His
unearthing of colonial economic exploitation
is the most important contribution to Indian national movement. In his book, poverty and unbritish rule in India, he exposes the economic exploitation of India under British rule.
Who is known as father of India?
The correct answer is
Mahatma Gandhi
. Mahatma Gandhi is known as the “Father of India”.
Who is called the real father of Indian nationalism?
Father’ of Indian Nationalism: the
Late Sir Surendranath Banerjea
.
Why Dadabhai Naoroji is called?
Why is he called
the Grand Old Man of India
? He is regarded as one of the few who gave birth to the modern Independence movement in India. Mahatma Gandhi, the father of the nation, once wrote to him saying, “The Indians look up to you as children to the father.
Who wrote the drain theory?
Much before
Dadabhai Naoroji
wrote his famous work attributing India’s abysmal poverty to sustained drain of its wealth to Britain and even decades before the Indian National Congress placed it on its agenda for change, a small band of Maharashtrian intellectuals, wrote several hard-hitting articles in the English and …
What do you mean by drain of wealth?
Drain of wealth means that
economic policies of the British in India were primarily motivated to snatch maximum benefits from India’s trade
. India’s foreign trade generated large export surplus. This export surplus did not result in any flow of gold or silver into India. There was drain of India’s wealth into Britain.
What is economic drain and its causes?
Dadabhai Naoroji in his book observed, “The drain consists of two elements the first,
arising from the remittances by European Officials of their savings, and for their expenditure in England for their various wants both there and in India
; from pensions and salaries paid in England; and the second that arising from …
Who is the father of Indian economy?
Narasimha Rao was part of Vande Matram movement in the late 1930s in the Hyderabad state.
Who introduced drain of wealth?
In the case of India, however, for well over a century there has been a rich discussion on transfers, termed the drain of wealth, initiated by two outstanding writers,
Dadabhai Naoroji and R. C. Dutt
.
How did the drain theory influence the growth of nationalism?
The drain theory had far reaching impact on the growth of the economic nationalism in India. Banking on this theory the
early nationalists attributed the all- encompassing poverty not as a visitation from God or nature
. It was seen as man-made, and therefore capable of being explained and removed.
