1. The National Education Policy 2020 envisions transforming India's education system to be rooted in Indian values and contribute to making India a global knowledge superpower. 2. Key changes under NEP 2020 include making undergraduate education more flexible with multiple entry and exit options, restructuring postgraduate programs, and discontinuing M.Phil degrees. 3. Other major changes are establishing an Academic Bank of Credits, multidisciplinary universities, revamping curricula for 21st century skills, and unifying higher education regulation under a single body.