Top Best Current Affairs 19 June 2020

The Asian Paralympic Committee announced that the 4th Asian Youth Para Games will take place in Bahrain from December(1-10) 2021. The event will be organised in partnership with the National Paralympic Committee(NPC) of Bahrain with the support of the local government.

Finance Minister of Andhra Pradesh Buggana Rajendranath presented the AP state budget for Rs 2.24 lakh crore for the FY20-21. With this, AP became the first Indian state to convene its Legislative Assembly and Council which will adopt a budget for FY21 amid the Covid-19 pandemic. Apart from this, AP Governor Biswabhusan Harichandan addressed the Assembly through video conference, which is also another first for the country.

Two Indian startups Stellapps and Zestmoney were featured in the List of Technology Pioneers of 2020, released by the World Economic Forum(WEF) which consist of pioneers addressing the global issues with advanced technologies.

Serum Institute of India(SII), leading manufacturer of immunobiological drugs and vaccines signs a new supply agreement with United Nations Children's Fund (UNICEF) and Vaccine alliance Gavi's procurement partner to supply Pneumococcal Conjugate Vaccine(PCV) to low income countries all over the world.

In order to strengthen the Securities and Exchange Board of India (SEBIs) enforcement mechanism and also to improve its system of recovery of siphoned off money, the SEBI committee headed by former Supreme Court Judge Anil Dave has proposed a method of quantification of profit made by the defaulter and loss caused to investors in a 424-page exhaustive report.

HDFC ERGO General Insurance Company, the country's third-largest non-life insurance provider has joined hands with UK based tech firm TropoGo Limited to launch India's 1st 'Pay as you Fly' insurance for drone-owners in India.

According to the 32nd edition of World Competitiveness Index 2020, which ranked performance of 63 economies across the globe, prepared by Switzerland-based International Institute for Management and Development (IMD)'s World Competitiveness Center (WCC), the Indian economy remained at 43rd position this year. While Singapore continues to occupy the first place in the list due to its strong economic performance comes from robust international trade and investment, employment and labor market measures.

Infosys partnered with Amazon and Global Optimism and signed the Climate Pledge, an initiative by Jeff Bezos, founder of Amazon and Christiana Figueres, founder of Global Optimism and former United Nations Climate chief to become net-zero carbon by 2040, ten years ahead of the Paris Agreement.