The NEP superseded the 34 years old educational policy of 1986; it was launched on 29th July 2020 when the Union Cabinet approved it with plenty of hope and some positivity in direction of the holistic development of students. It aims to pave a for providing quality education to all aspiring students rich or poor by ensuring a low dropout rate. It is a significant tool with five foundational pillars access, affordability' equality' quality, and accountability, NEP 2020 creates a Holistic application-based educational platform with a special emphasis on skill development which will make the students future ready with skill-based education. This paper aims to identify concerns and pinpoint NEP 2020 the emerging retail scenario play and the most crucial role in the country's economy as it affects various sectors like food, footwear clothing textile books, music, gift articles, Jewelers, fuel, pharmaceutical sector, etc. The new education policy 2020 is aiming to develop skill-based education that employs in the retail sector, it emphasizes practical, hands-on skills rather than classroom-based learning which is needed in the Global job market. in this manuscript, the author has discussed the overview of NEP, its impact on the retail sector, the opportunities and challenges of NEP in the aspects of the retail scenario, etc.

Keywords: Education, Retail Sector, New Education Policy, Employment Creation, UNESCO.