ACADEMIC CREDIT BANK

July 29, 2021

On the first anniversary of the National Education Policy (NEP), the Centre plans to officially roll out some initiatives promised in the policy, such as a credit transfer system that will allow multiple entry and exit options in higher education, as well as engineering programmes in regional languages.

About:

  • However, other promised reforms such as the Higher Education Commission of India (HECI), the four-year undergraduate degree, and the common university entrance test, are not ready yet.

  • The Academic Bank of Credit will be rolled out for students in over 290 top institutions from the current academic year 2021-22 onwards.

  • All institutions in the top 100 of the National Institutional Ranking Framework as well as those who have achieved an A grade under the National Assessment and Accreditation Council will be allowed to participate in the credit transfer system, which will also allow multiple entry and exit options for students.

Source : The Hindu