Home Charges Drain British Wealth from India
Subject
Indian National Movement
Chapter
Advent of the Europeans
- Home Charges represent systematic wealth transfer from India to England
- Company shareholders receive regular incentive payments from Indian revenues
- European officials, traders and planters transfer their earnings to England
- Civil and military pensioners receive payments in England after retirement
- India Office staff in London draw salaries from Indian funds
- War expenses and loan interests for railways drain Indian resources