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Mohit Dhyani|Jun 29, 2022
NEW DELHI: The University Grants Commission (UGC) asked all colleges and universities to implement the Academic Bank of Credits (ABC) on an urgent basis and listed down steps to follow. The Commission with the concurrence of the Ministry of Education had notified "The University Grants Commission (Establishment and Operation of Academic Bank of Credits in Higher Education) Regulations.2021” on July 28, 2021.
To enhance the reach of the ABC programme, all higher educational institutions are requested to take action on the following on an urgent basis.
The Academic Bank of Credits (ABC) platform has been developed by the National e-Governance Division (NeGD) of Ministry of Electronics and lnformation Technology (MeitY) under DigiLocker framework, with facility/functionality of opening Academic Account by the students and on-boarding of Higher Educational lnstitutions (HEls), as per a statement from UGC.
“Academic Bank of Credits will digitally store the academic credits earned by students from HEls registered with ABC, for awarding degree, Diploma, Certificates taking into account credits earned by students. ABC will ensure the opening, closure, and validation of Academic Bank of Accounts, verification, accumulation, and transfer or redemption for students. ABC facilitates students to choose their own learning path to attain a degree, Diploma, Certificates, working on the principle of multiple entry-multiple exit as well as anytime, any-where, and any-level learning,” the statement from UGC added.
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