
Academic Bank of Credits (ABC): National Education Policy (NEP) 2020
The National Education Policy (NEP) 2020 introduced the concept of an Academic Bank of Credits, a digital system where students could accumulate credits earned from accredited institutions and later use them for transfer, accumulation, or redemption for a degree, diploma, or certificate. The University Grants Commission acted on this promptly. In agreement with the Ministry of Education, it announced the ABC Regulations, 2021 in the Gazette of India on 28 July 2021, utilizing Section 26(1)(f) and (g) of the UGC Act, 1956. The initiative was publicly unveiled around the first anniversary of NEP 2020.






