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National Education Policy a Guideline for Management Education to Gain Competitiveness & Help in Bridging the Industry-Academia Gap

In sweeping “toddler to college” reforms, seen as most ambitious since the introduction of 10+2+3 system, the government unveiled the new National education Policy 2020. It replaces the earlier policy introduced 34 years ago and envisages major reforms in the education system. Firstly, this paper provides an overview of new National Education Policy 2020. It may be seen as one of the ambitious education reforms in shaping of the education in the country. Next, the paper will present some of the areas that may not be covered by the new National Education Policy 2020. The author feels that relevant measures taken in these areas will ensure adequate implementation of the NEP 2020. These measures (need to be taken) will in turn help in making the policy an effective tool to gain competitiveness as well as in bridging the Industry-Academia gap. The research paper expects support for innovation with emphasis on practical learning. Further it is expected that NEP 2020 put emphasis on practical learning by providing education blended with skill oriented work experience to the learners. Apart from variable intelligent quotient (IQ) across the learners, it may be served as a tool to inculcate suitable Employability Quotient (EmpQ) amongst the learners.