The new National Education Policy 2020 aims to introduce significant reforms in the Indian education system from school to higher education. Some key reforms include universalizing education from preschool to secondary level, replacing the 10+2 structure with a 5+3+3+4 structure, making board exams easier, increasing vocational education, and setting up the Higher Education Commission of India as an umbrella body to regulate higher education. The policy aims to make India a global knowledge superpower and bring more students into the education system through open schooling.