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Women Entrepreneurs Driving Change: Empowering Start-ups and MSMEs in India

Start-ups and MSMEs

In recent years, there has been a remarkable rise in the number of women entrepreneurs in India, defying societal norms and breaking barriers. These trailblazing women are not only driving change but also transforming the landscape of start-ups and Micro, Small, and Medium Enterprises (MSMEs) in the country. Empowered with determination, creativity, and resilience, women entrepreneurs are playing a pivotal role in shaping India’s economic growth and fostering innovation.

The Empowerment of Women Entrepreneurs

1. Economic Growth and Job Creation:

Studies have shown that women-owned businesses contribute significantly to the nation’s economy. According to a report by McKinsey, advancing women’s equality in India could add $770 billion to the GDP by 2025. As more women venture into entrepreneurship, they not only create job opportunities for themselves but also for others, leading to inclusive growth.

2. Diversification of Industries:

Women entrepreneurs are diversifying the range of industries in which they operate. From technology and finance to fashion and healthcare, women-led start-ups and MSMEs are venturing into various sectors, bringing fresh perspectives and innovative solutions.

3. Bridging the Gender Gap:

By becoming entrepreneurs, women are actively closing the gender gap in business ownership and leadership roles. Their success serves as an inspiration for aspiring female entrepreneurs, breaking traditional stereotypes and encouraging others to follow suit.

4. Social Impact and Sustainability:

Women entrepreneurs are more likely to prioritize social and environmental causes. Their businesses often align with sustainable practices and social responsibility, making a positive impact on society and the environment.

Challenges and Struggles

Despite their significant contributions, women entrepreneurs face various challenges in their journey towards success:

1. Access to Finance:

Limited access to capital and credit remains a major hurdle for women entrepreneurs. They often struggle to secure funding and investment compared to their male counterparts.

2. Balancing Family and Business:

The societal expectation of women to juggle family responsibilities and business operations can be overwhelming. Striking a work-life balance becomes a constant challenge for women entrepreneurs.

3. Gender Bias and Stereotyping:

Women entrepreneurs often encounter gender bias and stereotypes in the business world. They have to overcome the perception that certain industries or leadership roles are better suited for men.

4. Networking and Mentorship Opportunities:

Building a strong network and finding mentors within the industry can be difficult for women entrepreneurs, as they are often underrepresented in leadership circles.

Driving Change: Strategies for Empowerment

1. Access to Finance and Resources:

Governments and financial institutions should create dedicated funds and programs to support women-led businesses. Providing easier access to credit, grants, and resources can enable women entrepreneurs to grow their ventures.

2. Skill Development and Training:

Training programs and workshops focusing on leadership, entrepreneurship, and financial management can equip women entrepreneurs with the necessary skills to navigate the business landscape successfully.

3. Mentorship and Networking Initiatives:

Establishing mentorship programs and networking events exclusively for women entrepreneurs can foster a supportive ecosystem, providing valuable guidance and opportunities for growth.

4. Promoting Women-Led Ventures:

Public and private sectors should actively promote and collaborate with women-led start-ups and MSMEs. Partnering with such ventures can lead to mutual growth and drive diversity in business.

The rise of women entrepreneurs in India is a testament to the power of determination and resilience. Women-led start-ups and MSMEs are driving innovation, creating job opportunities, and contributing to India’s economic growth. However, to fully unleash the potential of women entrepreneurs, it is imperative to address the challenges they face and provide a supportive ecosystem for their growth.

Empowering women entrepreneurs is not just about gender equality; it is about unlocking the immense potential that lies within them and harnessing it for the betterment of society and the economy. As women entrepreneurs continue to drive change and break barriers, India’s start-up and MSME ecosystem will witness unprecedented growth, innovation, and inclusivity.

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Dr. Pratik Appointed as Provost of All Asia: A New Era of Educational Excellence Begins

Dr. Pratik

The Council of Global Accreditation for Private Universities and College Association (CGAPUCA) is delighted to announce the appointment of Dr. Pratik as the Provost of All Asia. This momentous occasion marks a significant milestone in the world of academia as Dr. Pratik is the first young Indian who assumes a new role in spearheading educational excellence and progress across the region.

With a proven track record of exceptional teaching, groundbreaking research, and an unwavering commitment to transformative education, Dr. Pratik is a trailblazer in the field. His dedication to the advancement of knowledge and the empowerment of students and educators has garnered him widespread acclaim and respect from the educational community worldwide.

As Provost of All Asia, Dr. Pratik will play a pivotal role in assisting institutions and universities to elevate their standards and achieve new levels of academic distinction. CGAPUCA’s decision to appoint him to this esteemed position reflects their confidence in his ability to lead, innovate, and bring about positive change in the educational landscape.

In his new capacity, Dr. Pratik will focus on bridging the gap between students, teachers, and institutions, aiming to foster a dynamic learning environment where excellence thrives. He is determined to facilitate collaboration and knowledge exchange between educational entities, enabling them to collectively address the challenges of the modern educational paradigm.

“I am deeply honored and excited to take on the role of Provost of All Asia,” said Dr. Pratik. “I believe that education is the cornerstone of progress and societal development. As Provost, my mission is to nurture a culture of innovation, inclusivity, and sustainability within the academic community. Together, we will empower students and teachers alike, preparing them to be leaders and changemakers in a rapidly evolving world.”

The appointment of Dr. Pratik comes at a crucial juncture when the global educational landscape demands adaptability and resilience. With his vision and expertise, he is poised to guide institutions and universities through these transformative times, steering them towards a future of academic excellence and relevance.

On behalf of CGAPUCA, we extend our warmest wishes to Dr. Pratik as he embarks on this remarkable journey as Provost of All Asia. His passion, determination, and commitment to education will undoubtedly inspire and uplift the educational community and set new standards of excellence.

We invite all stakeholders in the educational realm to join us in congratulating Dr. Pratik on this momentous occasion and supporting him in his pursuit of creating a brighter future for students, teachers, and institutions.

About CGAPUCA:
The Council of Global Accreditation for Private Universities and College Association (CGAPUCA) is a globally recognized accreditation body committed to promoting quality education, research, and innovation across private educational institutions and universities worldwide.

Threads can be used not only on the phone, but also on the PC, Mark Zuckerberg…

Threads

Meta Threads Desktop Version Coming Soon If you also use Meta Threads, then this new update can be of your use. In order to woo its users, Meta CEO Mark Zuckerberg has made a new announcement for Threads users. Information about bringing the desktop version of the platform has been found in Zuckerberg’s latest threads post.

If you use Meta’s newly launched text based app Threads then this information may be of your use. Threads can now be used not only on mobile but also on PC. Actually, Meta CEO Mark Zuckerberg has shared new information about Instagram’s latest app Threads.

Mark Zuckerberg made a new announcement for Threads users

Mark Zuckerberg has offered to bring a desktop version to Threads users. According to information given on a latest thread post by Mark Zuckerberg, this feature will be introduced very soon for users on threads.

Sharing a post with Threads users, Zuckerberg described this week as special for the platform. He said that the option of search and web is being brought for the users in the coming weeks. The MetaThreads team is currently working on these two features, so the rollout of these two features will be revealed with the latest updates.

Declining number of active users on threads

It is known that for the last few days, good news is not coming for the company regarding the active users of meta threads. While Instagram’s Twitter killer text-based app Threads was successful in wooing users in the initial phase, user interest for the platform seems to be waning.

In the initial phase, Meta Threads had crossed the mark of 1 million active users in just 5 days of launching. This app even beat OpenAI’s popular ChatGPT chatbot in terms of wooing users. According to a new report, the time spent by iOS and Android users on threads has come down considerably.

Foreign portfolio investors started selling after three months, withdrawal of more than 2 thousand crores in August

Foreign portfolio investors

After three months of continuous buying, foreign portfolio investors (FPIs) started selling in Indian markets. FPIs sold shares worth Rs 8545 crore during the last seven trading sessions. Whereas in August i.e. in the last four trading sessions, there has been a withdrawal of Rs 2034 crore. Know what is the reason for withdrawal. Read the full news.

After three months of continuous buying, foreign portfolio investors (FPIs) have now started selling in the Indian markets. During the last seven trading sessions, FPIs sold shares worth Rs 8,545 crore.

FPI withdraws more than 2 thousand crores

FPIs pulled out Rs 2,034 crore from equity markets in the four trading sessions in August. VK Vijayakumar, chief investment strategist at Geojit Financial Services, says that FPIs have withdrawn from Indian markets due to the rise in US 10-year bond yield (interest rate). Foreign investment in emerging markets may decrease if the interest rate of these bonds remains above 4 percent.

Selling may continue

According to Vijayakumar, with US bond yields remaining high, FPIs may continue selling or stay away from buying. According to data from the National Securities Depository Limited (NSDL), FPIs have invested a total of Rs 1,37,603 crore in the domestic equity markets in the last three months.

FPIs are buying in this area

FPIs are continuously buying in auto, capital goods and financial sector sectors. Apart from this, changing the investment strategy, FPIs have also started buying shares in the IT sector. Due to this, the stocks of IT companies have also registered strength in recent times.

According to Siddharth Khemka, head of retail research at Motilal Oswal, equity markets have seen some respite after three consecutive days of selling pressure. The main reason for this has been the rapid growth in the service activities of the country.

Google Maps VS Apple Maps: From navigation to traffic information

Google Maps VS Apple Maps:

Google and Apple provide map facilities to their users. These platforms of Google and Apple work differently from each other. The restaurant information for dining on Google Maps does not provide advanced options such as take away offers, food price information. At the same time, Apple users also get this information for dining with Apple Maps.

For Android users, the facility of Google Maps is useful for the information of the routes. Similarly, Apple users get the facility of Apple Maps for information about unknown routes.

On both the platforms, users get the facility of navigation and almost similar features. Despite this, both these platforms do different things for the users. In this article, we are trying to understand the difference between these two platforms of Google and Apple.

navigation

First of all, talking about navigation, on Google Maps, the user gets the facility of multidimensional view feature to see the surrounding location.

walking

On Google Maps, users get the facility of arrows for navigation while walking. This feature is available with the Live View feature on Google Maps for destinations.

traffic

The user gets the facility of traffic updates on the Maps platform of both Google and Apple. Traffic update information can be taken live during realtime ie traveling. However, the facility of 3D road level feature is also offered for better convenience to the Apple users.

dining out

On Google Maps, users get details of restaurant name, address and phone number in the information of nearby restaurants for dining. At the same time, Apple users also get information about advance options like take away offers, food price, range in restaurant information for dining.

ITR Refund: If you did not get the refund of income tax, then where to complain

ITR Refund

Income Tax Refund If you have not filed the return yet, then you can file the return by 31 December 2023. All the taxpayers who have filed ITR are waiting for their tax refund. Through this article, know that if you do not get the refund then where should you complain?

ITR Refund: It is mandatory to pay tax on time to the Government of India. If any person’s annual income is more than Rs 2.5 lakh, then he must file ITR. Still last chance to file ITR. Those taxpayers who have not filed the return can file the return till 31 December 2023. Right now many taxpayers are waiting for the refund of income tax.

According to the Income Tax Department, 3.44 crore ITRs have been processed so far. Tax refund will be sent to all these taxpayers by the Income Tax Department. The refund is received by the taxpayer after 7 to 120 days of filing the return. Sometimes there is a delay in getting the tax refund.

Refund comes late due to these reasons

Tax refund gets delayed if wrong bank account details are filled.

Many more documents are required to get the refund.

Even if we give wrong information for a refund, there is a delay in getting a refund.

Apart from this, even if there is a difference between TCS and TDS, the process of refund is under process.

What to do if refund is not received

If you haven’t received your tax refund, the first thing you should do is check your mail. Many times the Income Tax Department mails the taxpayer to get additional information. If no mail is received then you should check your ITR status. Through the status, you can know whether your refund has expired. Once the refund expires, you should apply for refund re-issue. Whereas, if you are getting ‘Returned’ show in the status, then you can send a request for refund reissue on the e-filing portal.

complain here

If the refund does not come within 30 days after filing the return, then the first thing you should do is to check the status of the ITR. If you have not been given any reason, you can file a complaint at incometax.gov.in. Apart from this, you can also contact the Income Tax Department’s helpline number (toll free) 1800-103-4455. You can contact this number from 8 am to 8 pm on working days. You can also file a complaint on    the e-filing portal

M-Cap: 7 out of top-10 companies lost Rs 1 lakh crore from market cap, SBI suffered more loss

M-Cap:

Share Market of This Week The ups and downs in the stock market continued last week. Market valuation of 7 out of 10 most valuable companies declined by Rs 1 lakh crore in the last week. State Bank of India (SBI) suffered the most in this. Let us know in detail about this week’s top-10 firms. 

Stock Market Investors Wealth: The combined market valuation of seven of the top 10 most valued companies declined by Rs 1,09,947.86 crore last week. State Bank of India has suffered the most in this. There has been a huge decline in the stock of the company. Last week, the BSE benchmark declined 438.95 points or 0.66 per cent.

Among the top-10 pack, Reliance Industries, ICICI Bank, Hindustan Unilever, ITC, State Bank of India, Bharti Airtel and Bajaj Finance were laggards, while Tata Consultancy Services (TCS), HDFC Bank and Infosys saw market valuation gains.

Evaluation of Top-10 Firms

State Bank of India ‘s valuation declined by Rs 38,197.34 crore to Rs 5,11,603.38 crore. State Bank of India shares fell nearly 3 per cent on Friday after the company’s first quarter earnings failed to please investors. The market capitalization (MCap) of ICICI Bank declined by Rs 17,201.84 crore to Rs 6,79,293.90 crore.

ITC’s valuation declined by Rs 16,846.18 crore to Rs 5,66,886.01 crore and Bajaj Finance declined by Rs 14,366.34 crore to Rs 4,32,932.18 crore. The mcap of Reliance Industries declined by Rs 11,806 crore to Rs 16,98,270.74 crore and that of Hindustan Unilever declined by Rs 9,069.42 crore to Rs 5,98,299.92 crore.

Bharti Airtel’s valuation declined by Rs 2,460.74 crore to Rs 4,97,908.56 crore. However, the mcap of TCS rose by Rs 31,815.45 crore to Rs 12,59,555.25 crore. Infosys added Rs 15,791.49 crore, taking its valuation to Rs 5,72,062.52 crore. The mcap of HDFC Bank rose by Rs 7,080.63 crore to Rs 12,47,403.26 crore.

Ranking of Top-10 Firms

Reliance Industries remains the most valuable company in the country. It was followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, State Bank of India, Bharti Airtel and Bajaj Finance.

Environmental and Social Responsibility for Start-ups and MSMEs: Nurturing a Sustainable Future

Start-ups and MSMEs

In an increasingly interconnected world, the focus on environmental and social responsibility has gained paramount importance. As global challenges such as climate change and social inequality loom large, the role of businesses, especially start-ups and Micro, Small, and Medium Enterprises (MSMEs), in promoting sustainability and social welfare cannot be overstated. Embracing environmental and social responsibility not only benefits society but also contributes to the long-term success and reputation of these businesses.

The Imperative of Responsible Business Practices

The United Nations Sustainable Development Goals (SDGs) outline a vision for a sustainable and equitable future for all. It calls for collective action from governments, businesses, and individuals to address pressing global issues. Start-ups and MSMEs, being key drivers of innovation and economic growth, have a crucial role to play in achieving these goals.

Environmental Responsibility: A Path to Greener Practices

1. Sustainable Operations:

Start-ups and MSMEs can adopt sustainable practices in their day-to-day operations, such as reducing energy consumption, minimizing waste, and utilizing eco-friendly materials. Embracing renewable energy sources and adopting circular economy principles can significantly reduce their carbon footprint.

2. Green Product Development:

Incorporating sustainability into product design is essential. Businesses can create eco-friendly products and services that promote responsible consumption and contribute to environmental conservation.

3. Carbon Neutrality and Offsetting:

Start-ups and MSMEs can strive for carbon neutrality by offsetting their emissions through various initiatives like tree plantation drives and supporting renewable energy projects.

4. Supply Chain Sustainability:

Assessing and collaborating with suppliers who follow sustainable practices can create a domino effect in promoting environmentally responsible behavior throughout the supply chain.

Social Responsibility: Nurturing Inclusive Growth

1. Ethical Employment Practices:

Start-ups and MSMEs must prioritize fair wages, employee welfare, and equal opportunities. By promoting diversity and inclusivity, they can build a positive workplace culture and foster employee loyalty.

2. Community Engagement:

Engaging with local communities and addressing their needs can lead to mutual growth and trust. Contributing to social causes and supporting local development projects can enhance a company’s reputation as a responsible corporate citizen.

3. Philanthropy and Giving Back:

Businesses can allocate a portion of their profits for philanthropic activities, supporting education, healthcare, and other social initiatives to uplift underprivileged sections of society.

4. Customer Empowerment:

Responsible businesses prioritize customer satisfaction, ethical marketing, and data privacy, fostering strong and long-lasting relationships with their clientele.

The Business Case for Responsibility

Beyond fulfilling moral obligations, embracing environmental and social responsibility also brings substantial benefits to start-ups and MSMEs:

1. Enhanced Brand Reputation:

Responsible businesses are perceived more favorably by consumers, leading to increased brand loyalty and customer retention.

2. Attraction of Investors and Talent:

Investors and employees are drawn to companies that align with their values. Demonstrating social and environmental responsibility can attract top talent and potential investors.

3. Risk Mitigation:

By anticipating and addressing social and environmental risks, businesses can protect themselves from potential legal, reputational, and financial risks in the future.

4. Access to New Markets:

As consumers and governments worldwide prioritize sustainability, businesses with responsible practices can access new markets and gain a competitive advantage.

The journey towards environmental and social responsibility is not an option but a necessity for start-ups and MSMEs in today’s world. By integrating sustainable practices into their core operations and embracing social initiatives, these businesses can make a significant impact on the well-being of society and the planet. Moreover, by nurturing a culture of responsibility, they lay the foundation for a more resilient and prosperous future.

As start-ups and MSMEs embrace their role as change-makers, they contribute not only to the attainment of global sustainability goals but also to their own long-term growth and success. The journey towards environmental and social responsibility is an investment that yields dividends not just for businesses, but for the entire planet and its people.

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Overcoming Regulatory Hurdles: Simplifying Compliance for Indian Start-ups and MSMEs

Overcoming Regulatory Hurdles

In the vibrant landscape of Indian start-ups and Micro, Small, and Medium Enterprises (MSMEs), regulatory compliance has long been a daunting challenge. The complex and ever-evolving regulatory framework often becomes a stumbling block for these businesses, hindering their growth and innovation potential. However, the winds of change are blowing, and concerted efforts are being made to streamline compliance processes, empowering start-ups and MSMEs to thrive in the entrepreneurial ecosystem.

The Regulatory Landscape: Navigating the Maze

India’s regulatory environment has historically been characterized by a multitude of laws, rules, and procedures, making it difficult for businesses to understand and adhere to the myriad compliance requirements. From company registrations and tax filings to environmental clearances and labor laws, the compliance burden can be overwhelming for start-ups and MSMEs with limited resources.

According to a World Bank report, it takes an average of 118 days to start a business in India, highlighting the bureaucratic hurdles that entrepreneurs face during the initial stages of their venture. Additionally, the cost of compliance and the risk of penalties in case of non-compliance act as deterrents for many start-ups and MSMEs.

Simplifying Compliance: A Boon for Start-ups and MSMEs

Recognizing the importance of fostering a conducive business environment, the Indian government has taken significant steps to ease the compliance burden on start-ups and MSMEs. The following are some initiatives and reforms that are transforming the regulatory landscape:

1. Start-up India Initiative:

Launched in 2016, the Start-up India initiative aims to promote entrepreneurship and support start-ups through various incentives and benefits. It offers simplified compliance processes, self-certification, and a single-point registration system, making it easier for start-ups to navigate the regulatory maze.

2. MSME Facilitation Council:

The Micro, Small, and Medium Enterprises Development (MSMED) Act provides for the establishment of MSME Facilitation Councils, which are dedicated platforms for addressing delayed payments and other grievances faced by MSMEs. This mechanism helps MSMEs resolve disputes expeditiously and ensures timely payments, improving their financial health.

3. Goods and Services Tax (GST):

The introduction of GST in 2017 brought about a significant reform in the indirect tax system, unifying multiple taxes into a single tax regime. GST has simplified the tax compliance process for businesses, eliminating the cascading effect of taxes and promoting ease of doing business.

4. Digital Initiatives:

The government’s push towards digitalization has resulted in various online portals and platforms that enable businesses to complete compliance procedures efficiently. Online registration, e-filing of tax returns, and digitized documentation have reduced the administrative burden for start-ups and MSMEs.

5. One Nation, One Ration Card:

The implementation of the One Nation, One Ration Card system allows MSMEs with employees working across state borders to access subsidized food grains through a single ration card, simplifying the process of providing welfare benefits to workers.

The Impact and the Road Ahead

The simplification of regulatory compliance has yielded tangible benefits for Indian start-ups and MSMEs. According to a report by NASSCOM, India witnessed a 12% growth in the number of start-ups in 2020, despite the challenges posed by the pandemic. The ease of doing business and the supportive regulatory environment played a crucial role in fostering this growth.

Moreover, simplified compliance has encouraged more entrepreneurs to take the plunge into the start-up ecosystem, leading to increased job creation, innovation, and economic growth. By easing the compliance burden, the government has unlocked the true potential of start-ups and MSMEs, allowing them to focus on their core business activities and drive value for their stakeholders.

However, there is still a long way to go. Continued efforts to further streamline compliance processes, reduce red tape, and ensure effective implementation of reforms are essential to create a truly conducive business environment for start-ups and MSMEs. Furthermore, the government and relevant authorities must remain open to feedback and suggestions from businesses to address any pain points that may arise in the compliance journey.

The simplification of regulatory compliance for Indian start-ups and MSMEs is a game-changer, empowering entrepreneurs to overcome hurdles and chart a path of growth and success. With progressive reforms, digitalization, and a supportive ecosystem, the Indian business landscape is witnessing a transformation that bodes well for the nation’s economic growth and prosperity.

As regulatory reforms continue to evolve, the dream of a business-friendly India becomes more attainable. By working hand in hand, the government, industry stakeholders, and entrepreneurs can pave the way for a thriving entrepreneurial ecosystem that fuels innovation, creates jobs, and propels India towards becoming a global economic powerhouse.

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Book review on “Perspectives on Teacher Education”

Perspectives on Teacher Education
Perspectives on Teacher Education

Published by : red’shine PUBLICATION,London,UK

  • Authors :
  • Prof. Dr. Prarthita Biswas, Professor, Department of Education, Swami Vivekananda University, Barrackpore, West Bengal, India;
  • Mr. MAM Sameem, Department of English Language Teaching, Faculty of Arts and culture, South Eastern University of Sri Lanka, Sri Lanka
  • Dr. Subhadeep Mazumder, Assistant Professor& HoD, Dept. of Education, Swami Vivekananda University, Barrackpore, West Bengal, India 

“Perspectives on Teacher Education” published by red’shine PUBLICATION,London,UK is an academic book that explores various viewpoints and approaches to the field of teacher education.

The book covers a wide range of topics, including:

Historical Development: An overview of the historical evolution of teacher education, from its origins to its current state, and how it has adapted to changing educational needs.

Philosophical Foundations: Examination of the philosophical underpinnings of teacher education, exploring different educational theories and their implications for teaching practices.

Pedagogical Approaches: Discussions about various teaching methods, strategies, and best practices for preparing future educators, as well as how to effectively teach diverse groups of learners.

Curriculum and Assessment: Consideration of the design of teacher education programs, including what content should be covered, how it should be taught, and how to assess aspiring teachers’ competence.

Teacher Identity and Professional Development: Exploring the process of becoming a teacher, the development of a teacher’s professional identity, and ongoing professional development throughout a teaching career.

Challenges and Innovations: Addressing the challenges faced in teacher education, such as the incorporation of technology in classrooms, the need for culturally responsive teaching, and preparing teachers for inclusive education.

Global Perspectives: Analysing teacher education in different countries and regions, comparing approaches, and considering how cultural and contextual factors influence teacher preparation.

Policy and Governance: Examining the role of government policies and regulations in shaping teacher education systems and the implications for the teaching profession.

Research in Teacher Education: Reviewing the latest research in the field of teacher education, including studies on the effectiveness of various approaches and the impact of teacher preparation on student outcomes.

The goal of “Perspectives on Teacher Education” would be to provide readers with a comprehensive and multifaceted understanding of the challenges, practices, and opportunities in the domain of teacher education. It can be valuable for educators, policymakers, researchers, and anyone interested in the field of education and professional development of teachers.

  • This book is available for sale at: https://store.pothi.com/book/prof-dr-prarthita-biswasmam-sameemdr-subhadeep-mazumder-perspectives-teacher-education/

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