Union Cabinet approves establishment of National Academic Depository

The Union Cabinet approved establishment and operationalisation of a National Academic Depository (NAD).

Under it all academic degrees, certificates and awards in the country will be made digitally available for verification on single spot.

Key Facts

  • The NAD will be established and operationalised within the next three months. It will be rolled out throughout the country in 2017-18.
  • It will be operationalised by NSDL Database Management Limited (NDML) and CDSL Ventures, Limited (CVL).

Background

The Finance Minister’s Budget Speech (2016) had incorporated commitment to establish a Digital Depository for school learning certificates, degrees and other academic awards of Higher Education Institutions, on the pattern of a Securities Depository.

How it will work?

  • Academic institutions will be directed to upload and authenticate all documents in digital form into the NAD system
  • The NAD will register educational institutions/eligibility assessment bodies/boards, students and other users/verifying entities like employer companies, banks, government agencies and academic institutions.
  • It will provide digital or a printed copy of the academic award with security features to the students or other authorized users.
  • Besides, NAD will also verify academic awards online on the same day of request initiated by any authorized user.
  • Requests for access to academic awards will be on basis of consent of the owner. For ex, access from potential employers and academic institutions will be only on the basis of consent of the student.
  • NAD will maintain the authenticity, integrity and confidentiality of its database. It will root out fake degrees.

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Categories: India Current Affairs 2017

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