Drain

Drain Theory

  Dadabhai Naoroji: ‘POVERTY in India’ (1876) He claimed that the drain of wealth and capital from the country which started after 1757 was responsible for absence of development in India. Drain was done through trade, Industry and finance Two Elements of the drain That arising from the Remittances by European officials of their Savings, … Read more

Drainage Systems

The Foundation of a Healthy Environment: A Comprehensive Guide to Drainage Systems Drainage systems are the unsung heroes of our built environment, silently working behind the scenes to ensure the smooth flow of water and prevent its detrimental effects. From the intricate network of pipes beneath our streets to the sophisticated drainage solutions in our … Read more

Economic Impact of British Colonial Rule: Land Revenue Settlements in British India; -Commercialization of Agriculture; Rise of Landless Agrarian Labour; Famines and Poverty; De-industrialization; Decline of Traditional Crafts; Drain of Wealth

India’s traditional village economy was characterised by the “blending of agriculture and handicrafts”.  But this internal balance of the village economy had been systematically slaughtered by the British Government. In the process, traditional handicraft industries slipped away, from its pre-eminence and its decline started at the turn of the 18th century and proceeded rapidly almost … Read more