DMPQ:Home charges is one of the major component of drain of wealth. In this context please explain home charge and also list down the effect of drain of wealth.
East India company took away part of Indian resources and wealth and in reciprocity they offer no return. This continuous drain made India Impoverished . The major component of drain of wealth was home charges: Home charge is the expenditure carried out by company before 1858 and by British government after 1858 . It includes … Read more