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What is the Academic Bank of Credit (ABC)? | Munipalli akshay paul |

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Recently, the Prime Minister of India has announced the launch of the  Academic Bank of Credit . Academic Bank of Credit It is an  academic service mechanism  for storing and transferring  academic credits of a student . The scheme is in line with the new  National Education Policy, 2020. It is envisaged as a  digital ban k that holds the  credit earned  by a  student in any course. It shall be established, on the lines of the  National Academic Depository  (NAD), which stores a student’s academic documents  and shall have a  website providing all details of ABC . It will be rolled out for students in over  290 top institutions  from the current academic year 2021-22 onwards. All institutions in the top 100 of the National Institutional Ranking Framework as well as those who have achieved an A grade under the National Assessment and Accreditation Council will be allowed to participate in the credit transfer syste...

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