Stakeholder consultation on the draft National Credit Framework (NCrF)

Shri Dharmendra Pradhan, Union Minister for Education, Skill Development, and Entrepreneurship attended a stakeholder consultation on the draft National Credit Framework (NCrF) on November 21, 2022, at IIT Delhi. 

Academicians and numerous other esteemed dignitaries attended the event, along with the Chairperson of NCVET India, Dr. NS Kalsi, Director of IIT Delhi, Prof. Rangan Banerjee, Sh. Rakesh Ranjan, Additional Secretary, Ministry of Education, Government of India, and others.

Speaking at the event, Shri Dharmendra Pradhan stated that “NEP 2020 envisages the universalization of the credit framework by eliminating barriers between knowledge, skills, and employability. It also requires the establishment of a credit accumulation and transfer system for all forms of learning to guarantee seamless mobility between learning and skilling pathways”.

He added that to reap the benefits of the demographic dividend, we must provide everyone with equal opportunity and a level playing field. This can be achieved only through recognizing, accounting for, and formalizing all types of conventional, unconventional, and experiential knowledge repositories.

NCrF will provide an opportunity to recognize the practical value of our knowledge and skills. It will also open up new opportunities for skilling and lifelong learning. 

Also read: NSN weekly newsbytes on skills, education and training- 22112022 https://nationalskillsnetwork.in/nsn-weekly-newsbytes-on-skills-education-and-training-22112022/

According to Shri Dharmendra Pradhan, “NCrF will boost per capita productivity, empower everyone, and set a strong foundation for India to lead this century.” He emphasized that the National Credit Framework will be essential for enhancing the economic convertibility of education, bringing the vast majority of our population into the fold of formal education and skilling, achieving GER targets, and accelerating India’s growth to become a $5 trillion economy.