The National Education Policy (2020) has recommended replacing the UGC with an umbrella organization, the Higher Education Commission of India (HECI), with four verticals. Which of the following are these verticals?

The Higher Education Commission of India was proposed as an umbrella body with four verticals for regulation, standard-setting, funding and accreditation.

Statement 1 the National Higher Education Regulatory Council is the single regulator for the sector.

Statement 2 the General Education Council sets learning standards and expected outcomes.

Statement 5 the Higher Education Grants Council handles the funding of institutions.

Statement 4 the National Accreditation Council oversees accreditation, while Statement 3 the Medical Council of India lies outside HECI as medical education is regulated separately.

HECI is meant to end fragmented regulation while leaving legal and medical education to their own regulators.