Academic bank of credit: Prime Minister Narendra Modi will unveil the Tutorial Financial institution of Credit score or academic bank of credit (ABC) at present, July 29. Set-up by the College Grants commision (UGC), it is among the greatest and most awaited reforms recommended beneath the Nationwide Schooling Coverage (NEP) 2020. Beneath the academic bank of credit (ABC), college students might be given a number of entries and exist techniques to allow college students to get the suitable certification in the event that they determine to go away a programme after a sure time interval.
Education minister Dharmendra Pradhan reiterated the “resolve to make education holistic, affordable, accessible and equitable”.
A year ago, on this day under the leadership of Hon. PM @narendramodi, NEP2020– a visionary education policy of the 21st-century was launched with the aim to bring out the capabilities of each student, universalise education, build capacities and transform the learning landscape.
— Dharmendra Pradhan (@dpradhanbjp) July 29, 2021
It will also provide students with the flexibility to move between institutes while pursuing one degree or leave a course and rejoin it later from where it was left off. ABC has been drafted on the lines of the National Academic Depository.
A virtual store-house, ABC will keep record of the academic credits of a student. To use the account, students will have to register themselves first. Thereafter, they would be provided with a unique id and standard operating procedure (SOP) to use their account.
The Prime Minister’s Office said Modi will also launch multiple initiatives in the education sector, the initiatives to be launched also include Vidya Pravesh, a three-month play-based school preparation module for Grade 1 students, Indian sign language as a subject at secondary level and NISHTHA 2.0, an integrated programme of teacher training designed by the NCERT.
SAFAL (structured assessment for analysing learning levels), a competency based assessment framework for Grades 3, 5 and 8 in CBSE schools and a website dedicated to artificial intelligence will also be launched, the PMO said.
The event will witness the launch of National Digital Education Architecture (NDEAR) and National Education Technology Forum (NETF).
These initiatives will mark a significant step towards realisation of the goals of NEP 2020 and will make the education sector more vibrant and accessible,” the PMO said.