A Case Study on Economic Policy and Education Reform: Evaluating of NEP 2020's Vision and Constraints

Abstract: The National Education Policy (NEP) 2020 seeks to transform the Indian education system into an inclusive, multidisciplinary, and outcome-oriented framework. This study critically evaluates the economic dimensions of NEP 2020, focusing on its vision to make education equitable and accessible while addressing inherent constraints. It examines the financial implications, policy priorities, and structural challenges in implementing the reforms, with an emphasis on the role of economic policies in enabling systemic change. The research underscores the potential of NEP 2020 to contribute to India's human capital development and global competitiveness while identifying gaps that may impede its success.