An Assessment on Academic Bank of Credits with Reference to the New Education Policy in India - 2020

Abstract

The research paper focusses on one of the most important and remarkable changes introduced by the NEP 2020 was the ‘Multiple entry and exit’ facility in the student’s academic pathway. NEP 2020 offers a creative and interesting combination of choice of subjects for students to study. This in-turn helps the students to be mobile and exercise the credit points, be it accumulation, transfers, redemption and the recognition of credit points. It functions similar to that of the credit score analysed by the banking system of the USA, where when any customer deposits or withdraws money, credit points get subtracted when we write a cheque and gets added as we accrue any interest.                                                                                                                                                                                                                                                                                                                                                                               

Research Scope: This study highlights the benefits of the ‘Academic Bank of Credits’, its function in relation with the academic mobility of students with a structured “credit-transfer” mechanism. It helps students to pursue their own path and choice of combination of subjects in Degree/ Diploma with the help of the multiple entry and exit method. This is facilitated at the undergraduate and Master’s level. A student has to register oneself to the ABC to enable the acceptance of multi-inter-disciplinary courses. It intends for the students to store their credit points in a credit bank, after completing the courses in any eligible HEIs. Therefore, once a student completes a degree or diploma, the credit points get added or deleted from his account.