The National Education Policy (NEP) 2020 represents India’s most ambitious overhaul of its education system, aiming to transform teaching, learning, and governance across school and higher education. Achieving its multidimensional vision—foundational literacy and numeracy, mother-tongue instruction, multidisciplinary higher education, vocational integration, and digital learning—requires a robust implementation framework and real-time monitoring mechanisms. Drawing on policy documents, empirical studies, and expert analyses, this paper critically examines the institutional structures, timelines, resource allocations, and capacity-building strategies designed to operationalize NEP 2020. It then reviews the monitoring architecture—five thematic pillars, key performance indicators, data systems, and stakeholder feedback loops—established to track progress. The study identifies gaps in coordination, financing, human resources, and data quality, and offers evidence‐based recommendations to strengthen the framework. By synthesizing current literature with international best practices, the paper provides policymakers and practitioners a roadmap to translate NEP 2020’s transformative intent into tangible outcomes.