India’s New National Education Policy (NEP) 2020

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National Education Policy (NEP) is a comprehensive framework to guide the development of education in the country. In July 2020, Union Cabinet cleared a new National Education Policy (NEP). The latest policy is India’s third. The first came in 1968 and the second in 1986. The latest policy replaces the 1986 NEP which was in

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MNC vs Local Brand: who will rule India?

MNC vs Local Brand: who will rule India?

MNC vs Local Brands is more of a debate than a competition. There has been a lot of clamour to discard foreign brands and adopt local brands to make India’s economy stronger and self-reliant. Even though, in last one decade, India’s economy has been one of the fastest growing economies of the word for almost

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Coronavirus and its effect on Economy

Coronavirus and its effect on Economy

Since the COVID-19 outbreak was first diagnosed, it has spread to over 190 countries across the world. The global, novel virus has contained us in our homes and the lockdown is expected to carry on for months. The crisis on this scale will reorder the society in dramatic ways. The pandemic will have a noticeable

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Is India ready for Cashless Economy?


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Cashless Economy is a buzz word today. TIDES Academy discusses this important Current Affairs topic for UPSC Exams to give you some insights. Before discussing if India is ready for a cashless Economy, let us understand the concept of cashless economy. What is Cashless Economy? Cashless Economy can be defined as a situation in which

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Chabahar Port: a Key to Central Asia


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Chabahar is a seaport located on the Makran coast of Sistan and Baluchistan Province of Iran, next to the Gulf of Oman and at the mouth of Strait of Hormuz. It is the only Iranian port with direct access to the Indian Ocean. It is close to central Asian countries like Afghanistan, Turkmenistan, Uzbekistan etc.

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Slowdown in Indian Economy – is it real?


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At 5 per cent, India’s economy registered its slowest gross domestic product (GDP) growth rate since the Narendra Modi government was first voted to power in 2014. The latest GDP growth rate heightened concerns about slowdown with some apprehending that recession might set in. A recession is defined in economics as three consecutive quarters of

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Thorium: can it be the future fuel for India?


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There is more energy available in Thorium than all coal, gas, oil and uranium combined. It has been estimated that 30 times more thorium than what is required to supply the entire world’s energy demand is mined as a by-product every year. What is Thorium? Thorium is a basic element of nature, like Iron and

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India’s Budget 2019 – Summary & Highlights


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Union Budget for 2019-20 was presented before the parliament by the Minister of Finance and Corporate Affairs Nrimala Sitharaman on July 5, 2019. This budget followed the interim budget announced before the 2019 Lok Sabha elections. The government aimed at boosting investment at a time when the economy is showing signs of slowdown through this

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