The University Grants Commission with the concurrence of Ministry of Education had notified “The University Grants Commission (Establishment and Operation of Academic Bank of Credits in Higher Education) Regulations.2021” in the Gazette of lndia on 28 th July, 2021. The Academic Bank of Credits (ABC) platform has been developed by the National e- Governance Division (NeGD) of Ministry of Electronics and Information Technology (MeitY) under DigiLocker framework. Academic Bank of Credits (ABC) will digitally store the academic credits earned by students from higher education institutions registered with ABC, for awarding degree/Diploma /Certificates taking into account credits earned by students.
Objectives of ABC
To promote interdisciplinarity and student-centricity in higher education across the nation.
To help the students choose the best courses or combinations based on their aptitude and preferred learning preferences.
To permit students to choose a pace for their studies along with the associated logistics and costs.
To enable students to customize their degrees, make specific modifications, or specializations, rather than undergoing a rigid, prescribed course from a single university or autonomous college.
To enable multiple entry-multiple exits for students to complete their degrees as per their time preferences, providing mobility across various disciplines and Higher Education Institutions (HEIs) for Degree or Diploma.
Benefits of ABC
The ABC policy enhances students' freedom in selecting their courses and academics.
The ABC program allows students to drop out at any year and then exchange their earned credits for a certificate or diploma if they are eligible.
Students can redeem credits and return to the same or another institute in the future to continue their education.
Students must provide their ABC ID to academic institutions to upload credits on DigiLocker – National Academic Depository, enabling them to track their courses.
The ABC programme at NBKR Institute of Science and Technology (NBKRIST) , Vidyanagar, will be successfully implemented and expanded by assigning experienced faculty members with specific capacities.
