Free Press Journal

NSDL’s subsidiary takes capital market’s technology to students


Every student can access their certificates issued by various academic institutions digitally

Mumbai : NSDL Database Management Limited (NDML), a wholly owned subsidiary of NSDL, will implement the National Academic Depository (NAD). It is an initiative undertaken by Ministry of Human Resources Development (MHRD) for digital issuance, storage and access of all academic certificates issued by academic institutions in the country.

Central Board of Secondary Education (CBSE) became the first academic institution to join NAD through NDML. CBSE certificates for the academic year 2016-17 have been made available in NAD.

Under NAD, every student will have a digital account to which all certificates issued by various academic institutions will be credited in digital format. Students will be identified uniquely by their Aadhaar number. NAD will eliminate paper, mitigate the risk of fake and forged certificates and enable online, electronic authentication of certificates by employers and higher education institutions.

G V Nageswara Rao, MD and CEO, NSDL said, “NDML is proud to be part of NAD initiative and NDML looks forward to bringing to educational sector the same benefits that NSDL as a securities depository brought to capital markets.”