What is the News?
Forty Central universities will be implementing innovative measures such as the academic credit bank and the Glue Grant Scheme.
About Glue Grant Scheme:
Under the Glue Grant Scheme, institutions in the same city would be encouraged to share resources, equipment and even allow their students to take classes from each other.
Ultimately, faculty will be able to design joint courses and a Delhi University(DU) student will be able to take a few classes at IIT-Delhi or vice versa,
This also means that institutions need not duplicate work by developing the same capacities, but would be able to build on each other’s expertise.
About Academic Credit Bank:
Under this, students can attain qualifications by earning credits rather than specific durations on campus.
A certain number of credits would add up to a certificate, then a diploma and then a degree. This would allow for multiple entries and exit points.
Moreover, students can earn up to 40% of their credits in online Swayam classes. In the future, the credits will be valid across institutions.
Source: This post is based on the article “40 Central universities to implement credit bank” published in The Hindu on 3rd September 2021.