The introduction of the National Education Policy (NEP) 2020 represents a landmark reform in India’s education system and aims to transform the structure, governance, and quality of higher education. The policy promotes multidisciplinary learning, flexibility in academic programs, skill-based education, and enhanced research culture in universities and colleges. Commerce education occupies a crucial position in the Indian higher education system because it prepares students for professions related to finance, accounting, banking, business management, and entrepreneurship. Therefore, reforms introduced through NEP 2020 have significant implications for the development of commerce faculty and the employability prospects of commerce graduates. This paper examines the implementation of NEP 2020 in Indian higher education and analyses its implications for faculty development and employment opportunities in the commerce stream. The study is descriptive in nature and based on secondary data obtained from policy documents, research articles, government reports, and academic literature. The findings indicate that NEP 2020 provides opportunities for modernization of commerce curricula, integration of digital and analytical skills, and strengthening of industry–academia partnerships. However, successful implementation requires adequate institutional support, faculty training programs, technological infrastructure, and effective policy monitoring. The study concludes that if implemented effectively, NEP 2020 can significantly enhance the quality of commerce education and improve the employability of graduates in India.
Dudhal Shrikant Chandrakant (Tue,) studied this question.