An Academy of Civil Services

Why in News?The Economic Survey 2020-21 has introduced the Bare Necessities Index(BNI).Bare Necessities Index(BNI): This index is a means of assessing equity in economic development among states and regions in India. It uses the basic needs approach.Indicators: This index

Why in News?As it seeks to enhance engagement with stakeholders, the National Financial Reporting Authority (NFRA) will set up a single stakeholders’ advisory group as well as a research cell to support the group.Need for:A large majority of the respondents have

Why in News?A World Bank report has found that climate change could push more than 200 million people to leave their homes in the next three decades and create migration hot spots.Key Highlights of the report:The report examines the impacts of slow-onset climate change, such a

Why in News?The 13th BRICS summit held virtually called for an “inclusive intra-Afghan dialogue” for stability in Afghanistan.What is BRICS?BRICS is the international grouping of Brazil, Russia, India, China and South Africa.This was set up as a move towards

Why in News?Recently, the Government allowed disinvested PSUs to set off previous losses.About the recent developmentsIn order to facilitate the strategic disinvestment, it has been decided that Section 79 of the Income-tax Act, 1961, shall not apply to an erstwhile 

Why in News?After a gap of over three years, a case of the zoonotic Nipah virus infection has been reported in Kozhikode district of Kerala.What measures are being taken to control the spread of the virus?A contact list of 188 persons, a majority of them he

Why in News:The International Union for the Conservation of Nature (IUCN) on September 4, 2021 officially launched its “green status” — the first global standard for assessing species recovery and measuring conservation impacts.How Does the Green Status of Specie

Why in News?The Ladakh administration has recently decided to issue Resident certificate only to Permanent Resident Certificate holders.What is permanent resident certificate?Permanent resident certificate is a legal document issued to Indian citizens that serves as evide

Why in News?The PMI index has shown a declining trend in the month of august 2021.What is  Purchasing Managers Index  PMI?PMI or Purchasing Managers’ Index (PMI) is an indicator of business activity both in the manufacturing and services sectors.It indicates

Why in News: Nine new Supreme Court judges were administered their oaths of office by Chief Justice NV Ramana.AboutIt is for the first time in the history of the Supreme Court that nine judges took the oath of office at one go.With the swearing-in of the ni