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  • PAN 2.0

  • Introducing TeacherApp

  • ICA Global Cooperative Conference

Cabinet Approves PAN 2.0 Project for Enhanced Taxpayer Services

The Cabinet has approved the PAN 2.0 Project for the Income Tax Department, involving an investment of Rs. 1,435 crore. This project will upgrade the existing PAN/TAN system, providing a unified portal and enhanced cybersecurity measures.

Why it's important: This project will streamline taxpayer registration services and enhance the digital experience for taxpayers, aligning with the government's vision of Digital India.

TeacherApp: Empowering Educators for a 21st-Century India

Union Education Minister Dharmendra Pradhan launched the TeacherApp in New Delhi. The app aims to empower teachers through continuous capacity building, innovative technology, and community-building features, thus revolutionizing education in India.

Why it's important: The TeacherApp will provide teachers with future-ready skills to meet the demands of 21st-century classrooms and ensure youth-led growth in the nation.

India Underscores Role of Cooperatives in Climate Resilience and Economic Empowerment

Prime Minister Narendra Modi emphasized the importance of climate-resilient cooperatives and their role in supporting economic growth, especially in the Global South. He highlighted the need for cooperative start-ups and reforms to strengthen cooperative banks. India's cooperative sector has evolved significantly, with a focus on prosperity through cooperation.

Why it's important: Cooperatives play a crucial role in empowering communities, fostering economic inclusion, and creating a sustainable future. The conference provided a platform for global cooperatives to discuss and explore their contributions to collective prosperity.

Global Chronicles 🌐 
  • The India Global Forum 2024 brings together leaders from India, the Middle East, and Africa to strengthen partnerships in key sectors and address global challenges.

  • Renowned filmmaker Philip Noyce emphasized cost-cutting in filmmaking during a masterclass at the International Film Festival of India, advocating for pre-sales, animatronics, and smartphones as tools for efficiency and innovation.

Market Movers 🤑 
  • RBI Governor emphasizes stable inflation for sustained economic growth, improved purchasing power, and favorable investment environment.

  • EPFO directed to ensure UAN activation via Aadhaar OTP for employees and employers to benefit from Employment Linked Incentive Scheme.

Sports Spectacle 🏅 
  • India's 295-run triumph in the Perth Test against Australia propelled them to the top of the ICC World Test Championship standings.

  • In the IPL 2025 Mega Auction, Rishabh Pant and Shreyas Iyer became the most expensive players in IPL history, fetching record bids on Day 1.

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