TNPSC Study Material TNPSC Notifications 2017 9000+ TNPSC Questions
TNPSC VAO 2017-18 How to Prepare TNPSC TNPSC Annual Planner
TNPSC General Knowledge Daily Quiz & Online Tests Admissions 2018
Current Affairs 2017 Government Jobs Today Join - Our Google Groups

Current Affairs: Union Cabinet Approves National Academic Depository (NAD)

National Academic Depository (NAD)

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 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.

NAD - National Academic Depository 
NDML - NSDL Database Management Limited 
CVL - CDSL Ventures, Limited 
SEBI - Securities Exchange Board of India 


0 comments:

Current Affairs Monthly

October 2017 September 2017 August 2017
July 2017 June 2017 May 2017
April 2017 March 2017 February 2017
January 2017 Current Affairs 2016 Quiz & Online Test

TNPSC Study Materials Downloads

TNPSC General Tamil TNPSC General Science TNPSC History
Indian Constitution General Knowledge TNPSC Geography
Quiz and Online Tests TNPSC Economics Model Questions Answers 8800+
Current Affairs 2017 Government Jobs Today Join - Our Google Groups