He is also credited with the founding of the Indian National Congress, along with A.O. Hume and Dinshaw Edulji Wacha. He was also recognized as a scholar of Zoroastrianism, sharing his ideas on Parsi religious reform and 'authentic' Zoroastrian belief and practice.
Naoroji was known as the 'Grand Old Man of India', a mentor to both Gopal Krishna Gokhale and Mahatma Gandhi.
Naoroji was known as the 'Grand Old Man of India', a mentor to both Gopal Krishna Gokhale and Mahatma Gandhi.
Naoroji was a leading Indian nationalist and critic of the economic policy of the British Raj in India. Through his book named 'Poverty and Un-British Rule in India,' he put forward the 'theory of drain of wealth,' which highlighted the exploitation of Indian resources for the benefit of Britain.
In 1867, Dadabhai Naoroji put forward the 'drain of wealth' theory in which he stated that the Britain was completely draining India.