DMPQ- “ Home charges” is one of the main component of drain of wealth. Explain the term Home charge.
Expenditure carried out by company up to 1858 and by British government after 1858 in London on behalf of India. Home charges include – Dividend paid to shareholders by company. Interest paid by company on the loans raised in London. Salary and pensions of officials working in London. Pension of officials … Read more DMPQ- “ Home charges” is one of the main component of drain of wealth. Explain the term Home charge.