Education Policy 2020: Features & Implications

Lorien Finance
Lorien Finance

Foreign Universities can now establish campuses in India under the New Education Policy 2020. A new law will be used to facilitate the operation of the world’s top 100 universities in the country. The Union Cabinet approved the new NEP.

“A legislative framework facilitating such entry (of foreign universities) will be put in place, and such universities will be given special dispensation regarding regulatory, governance, and content norms on par with other autonomous institutions of India,” the new policy says.

The NEP cleared by the Cabinet is only the third major revamp of the framework of education in India since independence. The two earlier education policies were brought in 1968 and 1986.

Besides opening up Indian higher education to foreign players, the new policy marks a significant shift in the format of undergraduate education with the reintroduction of the four-year multidisciplinary Bachelor’s program, with exit options. The traditional three-year B.A., BSc. Programs will continue, however in the new 4-year programme, students can exit one year after a certificate, after two years with a diploma, and after three years with a Bachelor degree.

The 4-year multidisciplinary Bachelor’s programme, however, shall be the preferred option since it allows the opportunity to experience the full range of holistic and multidisciplinary education in addition to a focus on the chosen major and minors as per the choices of the student,” the policy states.

The four-year programme “may also lead to a degree ‘with Research’ if the student completes a rigorous research project in their major area(s) of study”.

Higher education institutions will have the flexibility to offer different designs for Master’s programs. Students with a three-year Bachelor’s degree can pursue a two-year Master’s program; for students with a four-year Bachelor’s degree in Research, there could be a one-year Master’s. While for those Indian students willing to go abroad for further studies, Lorien Finance provides collateral-free low interest rate education loans and offers many freebies to aspiring students.

The NEP also paves the way for a single overarching regulator for higher education, which will replace the University Grants Commission (UGC) and the All India Council For Technical Education (AICTE). The single regulator, called the Higher Education Commission of India (HECI), will have “four independent verticals” to carry out the functions of regulation, funding, accreditation, and setting standards for learning outcomes.

“The professional councils, such as the Indian Council for Agricultural Research (ICAR), Veterinary Council of India (VCI), National Council for Teacher Education (NCTE), Council of Architecture (CoA), National Council for Vocational Education and Training (NCVET) etc., will act as Professional Standard Setting Bodies (PSSBs),” the Ministry’s document says.

The policy proposes the phasing out of all institutions offering single streams (such as technical education) over time, and the system of affiliating colleges over 15 years.

All universities and colleges must aim to become multidisciplinary by 2040. Even engineering institutions, such as IITs, will be expected to move towards more holistic and multidisciplinary education with more arts and humanities. “Students of arts and humanities will aim to learn more science and all will make an effort to incorporate more vocational subjects and soft skills,” the document says.

The new policy talks about moving away “from high-stakes examinations towards more continuous and comprehensive evaluation” – this, even as a controversy rages over a direction by the union government to all higher education institutions to hold exams for final year students amidst the pandemic.

The NEP has also proposed the setting up of a National Research Foundation (NRF) with the mandate to create a conducive ecosystem for research through funding and mentoring.

Given the disruption caused by the Covid-19 pandemic and the overnight move to online classes, the policy has proposed the setting up of a National Educational Technology Forum (NETF), a platform for the free exchange of ideas on the use of technology to enhance learning, assessment, planning, administration, etc., for both school and higher education.

The NEP, which will replace the current policy that has been in place for 34 years now, is the product of extensive consultations with stakeholders across the country, Higher Education Secretary Amit Khare said.

An important point is that there was a wide consultation process, Khare said. “Just to give you an idea, through the MyGov platform we approached all the 2.5 lakh gram panchayats for their suggestions. We got the draft NEP translated into 22 languages, again there was widespread consultation. There was a dialogue with MPs and a special meeting of the Central Advisory Board of Education (CABE) on May 21, 2019.”

The Indian Government is intent on asking the Indian students and common people to voice their opinions about NEP 2020 and what they want to include in the policy. The move toward making the Indian Education system more holistic and global is a great way for honing the skills of students and preparing them for a world-class experience.

Lorien Finance supports such steps and aids in promoting the global career aspirations of Indian Students by giving them an opportunity to open a US Bank A/C even before arriving in their dream country for education or a job.


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