What is the meaning of NAAC accreditation for universities and colleges?

National Assessment and Accreditation Council in India was founded with an aim to evaluate the performance of higher education institutes and ensuring that they are following the set standards of rules and regulations. In recent times, it has also become one of the crucial criteria for the institutes who seek their funding from UGC to be certified by NAAC. NAAC grades its institutions from A++ to D, promoting continuous improvisation and ensuring excellence across the nation.