Top Best Current Affairs 7 June 2020

The 51st annual WEF Davos meeting to be held in January 2021 by the World Economic Forum (WEF). WEF to adopt a new twin-summit format by bringing together leaders from across the globe for an in-person and well as virtual dialogues with the theme: 'The Great Reset'.

India and China held high-level talks on 6 June. The talk was initiated by India and was held at the Border Personnel Meeting Point in Maldo on the Chinese side of the Line of Actual Control (LAC) in Eastern Ladakh. The talks were held amid the border stand-off between the militaries of the two countries near eastern Ladakh. The Indian delegation was led by Lt General Harinder Singh, the general officer commanding of Leh-based 14 Corps, while the Chinese side was headed by the Commander of the Tibet Military District.

In order to encourage the deployment of Points of Sale infrastructure in smaller cities and towns, the Reserve Bank of India has initiated with Rs 500-crore Payments Infrastructure Development Fund (PIDF with an initial contribution of Rs 250 crore . The remaining amount will be contributed by card issuing banks and card networks working in the country.

The President of India Ram Nath Kovind has promulgated the two Ordinances namely the Farmers' Produce Trade and Commerce (Promotion & Facilitation) Ordinance 2020 and the Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance 2020. The move comes after the announcement of the landmark decisions by the Government of India for reforms in the agricultural sector for raising the income of the farmers as part of the Aatmanirbhar Bharat Abhiyan.

Centre approves the 3-month extension(August 1- October 31) of Tamil Nadu Chief Secretary K. Shanmugam, a 1985-batch Indian Administrative Service(IAS) officer who assumed charge on June 30, 2019, after the retirement of incumbent Girija Vaidyanathan. K. Shanmugam was to retire from service on July 31, 2020.

World silver-medallist and Indian boxer Amit Panghal and Vikas Krishan were nominated for the Rajiv Gandhi Khel Ratna award by the Boxing Federation of India.

The Abu Dhabi-based sovereign investor, Mubadala is all set to buy 1.85% stake in jio Platforms, a wholly-owned subsidiary of Reliance Industries, for Rs 9,093.60 crore. The investment from Mubadala comes in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

Former Delhi Police commissioner Ved Marwah passed away on 5 June 2020. He was 87 years old. The former Governor of Mizoram, Manipur, and Jharkhand also served as the director-general of the National Security Guard (NSG), and as an adviser to governors in J&K and Bihar.