Cabinet approves establishment of National Academic Depository

Published By : Admin | October 27, 2016 | 16:00 IST
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Central Govt to set up National Academic Depository announced in Budget 2016-17
National Academic Depository to digitally store school learning certificates & degrees

The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has accorded its approval for establishment and operationalisation of a National Academic Depository (NAD). The decision aims at bringing another dimension and enhancement of the vision of Digital India.

The NAD would be established and operationalised within the next three months and would be rolled out throughout the country in 2017-18.

The Finance Minister's Budget Speech of 2016-17, in February this year, incorporated this 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.

The NAD would be operationalised by NSDL Database Management Limited (NDML) and CDSL Ventures, Limited (CVL) - two of the wholly owned subsidiaries of the Depositories registered under Securities Exchange Board of India (SEBI) Act, 1992.

Academic institutions would be responsible for the authenticity of data digitally uploaded by them into the system. The depositories will ensure the integrity of the data in the NAD. The NAD will register educational institutions/boards/eligibility assessment bodies, students and other users/verifying entities like banks, employer companies, 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. NAD will verify academic awards online on the same day of request initiated by any authorized user.

Requests for access to academic awards, for example, from potential employers, and academic institutions would be only on the basis of consent of the student.

NAD shall maintain the authenticity, integrity and confidentiality of its database. It will also train and facilitate academic institutions/boards/ eligibility assessment bodies to efficiently lodge academic awards in the database.

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January 26, 2023
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The Prime Minister, Shri Narendra Modi has thanked world leaders for their greetings on India’s 74th Republic Day.

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"Thank you Prime Minister @AlboMP. Greetings to you and to the friendly people of Australia on Australia Day."

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In response to a tweet by the Prime Minister of Bhutan, the Prime Minister said; "Thank you @PMBhutan Dr. Lotay Tshering for your warm wishes! India is committed to its unique partnership with Bhutan for progress and prosperity of both our nations."

In response to a tweet by the President of Maldives, the Prime Minister said; "Thank you for your warm greetings, President @ibusolih. Glad to see the sustained progress achieved by India-Maldives partnership, underpinned by common democratic values."

In response to a tweet by the Prime Minister of Israel, the Prime Minister said; "Thank you for your warm wishes for India's Republic Day, PM @netanyahu. Look forward to further strengthening our strategic partnership."

In response to a tweet by the President of France, the Prime Minister said; "Grateful for your warm greetings my dear friend @EmmanuelMacron on India’s Republic Day. I share your commitment to work together for success of India’s G20 Presidency & 25th anniversary of India-France Strategic Partnership. India and France together are a force for global good."

In response to a tweet by the Prime Minister of Mauritius, the Prime Minister said; "Thank you, PM @KumarJugnauth. In our shared journey as modern Republics, our two countries have been partnering closely in people-centred development. Looking forward to taking our cherished partnership with Mauritius to even greater heights."