National Academic Depository (NAD) is an initiative of Government of India, facilitated by MHRD. NAD is a national database set up to hold academic awards issued by Academic Institutions (AI) in an electronic form.
The Hon. Finance Minister in his budget speech for the year 2016-2017, inter alia, mentioned that “to help Students, Higher Education Institutions and Employers to access degree certificates of candidates, it is proposed to establish a Digital Depository for School Leaving Certificates, College Degrees, Academic Awards and Mark sheets, on the pattern of a Securities Depository. This will help validate their authenticity, safe storage and easy retrieval.”
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. Towards this end, Government 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 help in validating the authenticity of these awards and ensuring their safe storage and easy retrieval. Maintaining academic awards in a digital depository would provide benefit to educational institutions, students and employers by enabling online access and retrieval; eliminate fraudulent practices such as faking/forging of certificates and mark-sheets and facilitate validation. NAD would be available online 24x7 access to the stakeholders.
On October 27, 2016, the Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has accorded its approval for establishment and Operationalization of a National Academic Depository (NAD) the services of which are offered by CDSL Ventures Limited (CVL).
Salient features of NAD:
Operate in fully online mode
Allow lodging of academic awards in digital format, maintaining the integrity of access to the database and of the awards lodged in the database
Allow Students to retrieve their lodged academic awards at any time
Allow Employers and other persons (with prior approval of the concerned Student) to verify the authenticity of any academic award.
Maintain the authenticity, integrity and confidentiality of the databases
Institutional intervention to strengthen Academic Award notification and dissemination.
Enhances efficiency in providing services to NAD Stakeholders.
Attempts to eliminate undesirable practices such as corruption, manipulation of records, etc. and brings in transparency.
Eliminates fake/forged certificates.
Helps in Policy formulation with accurate MIS/Analytics.