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Updated: May 2, 2025
An analysis of these Swadeshist arguments, however, reveals them as inadequate to account for India's ills, which are due far more to the general economic trend of the times than to any specific defects of the British connection.
A comparison with Japan's much more costly defence budgets, inferior credit, and higher interest charges on both public and private loans is enlightening on this point. In fact, some Indians themselves admit the fallacy of Swadeshist arguments. As one of them remarks: "The so-called economic 'drain' is nonsense.
Under its spell the deprivation of a pin or a needle, because these are not manufactured in India, need cause no terror. A Swadeshist will learn to do without hundreds of things which today he considers necessary. Moreover, those who dismiss Swadeshi from their minds by arguing the impossible, forget that Swadeshi, after all, is a goal to be reached by steady effort.
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