Javadekar inaugurates national conference on NAD

Speed Post News Network

New Delhi: Union HRD minister Prakash Javadekar on Friday said that establishment of a National Academic Depository (NAD) is a step towards the Digital India vision of PM Narendra Modi. Inaugurating a national conference for awareness on National Academic Depository in New Delhi, he urged all participants to resolve to target year 2017 to roll out its use.

Javadekar said that technology has become all pervasive in all walks of life whether it is shopping, booking railways ticket, banking or mobile recharge, a huge transformation has been itnessed. The minister, according to a PIB release, stated that the securities depositories in the country have already made dematerialization of the financial securities and have been ensuring the safety of the financial wealth of the investors. It is high time the academic awards are verified and authenticated, accessed and retrieved in a digital depository, he said.

The Government of India is committed towards bringing administrative and academic reforms through the use of technology for delivery of efficient services to all stakeholders, the release said. Towards this end, it intends to establish a digital depository of academic awards to be known as National Academic Depository (NAD) on the pattern of securities depository. The NAD would be available online 24X7 to the stakeholders.