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NEP-2020 envisages universalisation of credit framework: Pradhan

To reap a demographic dividend, India has to provide a level-playing field and equal opportunities to all, said Union Minister Dharmendra Pradhan.

NEP-2020 envisages universalisation of credit framework: Pradhan

Union Education Minister Dharmendra Pradhan

Union Minister for Education and Skill Development and Entrepreneurship Dharmendra Pradhan on Monday participated in the stakeholders’ consultation on the draft of National Credit Framework (NCrF) held at IIT-Delhi.

Speaking on the occasion, Pradhan said that the National Education Policy (NEP)-2020 envisages universalization of the credit framework for removing barriers between knowledge, skills and employability, establishing a credit accumulation and transfer system for all kinds of learning for ensuring seamless mobility between learning and skilling pathways.

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He said that to reap a demographic dividend, India has to provide a level-playing field and equal opportunities to all. This can only be achieved by recognising, accounting and formalising all kinds of conventional, unconventional and experiential knowledge repositories, he added.

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The Union Minister stated that the NCrF will provide an opportunity to recognise applied aspects of knowledge and skills. It will also create new possibilities for lifelong learning and skilling. The NCrF will boost per capita productivity, empower all and lay a strong foundation for India to lead this century, he added.

Pradhan underlined that the NCrF will be a key to enhancing the economic convertibility of education, bringing a vast majority of the country’s population under the fold of formal education and skilling, achieving GER targets and accelerating India’s march towards becoming a $5 trillion economy.

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