The University Grant Commission vide its notification dated 12th January 2022 has requested all the higher education institutions to take appropriate steps for joining ABC platform at the earliest.
The University Grants Commission (UGC) on July 28, 2021, notified ABC and issued the UGC (Establishment and Operation of Academic Bank of Credits in Higher Education) Regulations, 2021. The Academic Bank of Credit (ABC) framework is part of National Education Policy (NEP) 2020, and will allow higher education institutions to maintain a digital repository of credits earned by students; under ABC, students can choose to study one course in a year in one institution and switch to another one the next year. The framework also allows students to pursue courses online and earn credits. While mandatory under NEP 2020, institutions have the flexibility of adopting it at a time of their choice.
Academic Bank of Credit shall deposit credits awarded by registered HEIs for courses pursued therein, in the Academic Bank Account of the students and the validity of such credits shall be as per the norms and guidelines issued by the UGC from time to time.
ABC shall not accept any document pertaining to course credits directly for students and shall entertain such documents as valid only when the same are transmitted by the respective, registered HEIs awarding the credits.
