Why in the news?
- 2025 marks the 200th birth anniversary of Dadabhai Naoroji.
Dadabhai Naoroji
- Birth: Dadabhai was born on 4th September 1825 in Bombay.
- Early Life:
- First Indian to become a professor of Mathematics at Elphinstone College, Bombay.
- Later settled in London, worked to represent Indian issues in British Parliament and public opinion.
- Social Reforms and Contributions:
- Advocated for women’s education and social reforms.
- Supported causes like abolition of child marriage and promotion of modern education.
- Associated with London Indian Society (1865) and East India Association (1867) to voice Indian concerns in Britain.
- Political Contributions:
- Indian National Congress (INC):
- One of the founding members of INC (1885).
- President of INC thrice (1886, 1893, 1906).
- In the 1906 Calcutta Session, he articulated the demand for “Swaraj” (self-government).
- British Parliament:
- First Indian elected to the House of Commons (1892, Liberal Party, Finsbury Central).
- Used this platform to raise India’s poverty and exploitation under British rule.
- Indian National Congress (INC):
- Economic Contributions:
- Drain of Wealth Theory:
- Explained how Britain drained India’s resources without adequate returns.
- Outlined in his classic book “Poverty and Un-British Rule in India” (1901).
- Key causes of Drain: Remittances of British officials, Profits of British companies, Payments for British wars and Home charges (cost of India’s administration from Britain).
- Impact of the Theory: It was the first systematic critique of colonial exploitation and laid the intellectual foundation for India’s freedom struggle.
- Drain of Wealth Theory:
- Legacy of Dadabhai Naoroji:
- Known as the “Grand Old Man of India” and “Unofficial Ambassador of India in Britain”.
- Inspired leaders like Gopal Krishna Gokhale, Bal Gangadhar Tilak, and Gandhi.
- His call for Swaraj in the 1906 INC session became the political goal of the freedom struggle.
- Remembered as a moderate nationalist who combined reasoned arguments with practical politics.
- Quotes:
- “India is being bled to death by England”
- On Swaraj he said – “Self-government is the only and chief remedy”
- Death: Dadabhai passed away on 30 June 1917