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Education is a power and makes a person powerful because it replaces empty mind with positive thoughts and also it may changes your bad today into good tomorrow. Education will assist to stimulate countries economic growth and economic conflict with effortlessly, because it emerge has one of the cardinal stimulus of lifespan earning. Banking system is strong it will ensure that the country is developing, because the priorities of the country is being served with the money which is being deposited in the banks, in the same way education is also a route of tackling poverty and also it proffer to improve their individual standard of living which leads to economic growth of the country. The new education policy 2020 has been approved by the union cabinet. The main agenda behind introducing the NEP is to promote skill based education and to enhance the practical skills of the students stated by the Minister Prakash Javadekar. In consideration of this, India is in the list of developing countries, to move ahead for taking place in the list of developed countries we should progress still more in technology, research, industrialization, business and new innovations and should also take an active part in those, the impact of these actions plays a major role in the countries progress. Hence NEP is obligatory to strengthen the innovation and research in the country. Meanwhile commerce education plays an extensive role in the education system because it builds most of the career option throughout the world. Commerce education is the mainstay for countries economy because commerce is totally dissimilar from other practice whereas it is related to industry, trade, accounts, business and administration etc., these are directly or indirectly contributes to the overall countries economy. As said by Cheesman, commerce education is a form of instructions that directly as well as indirectly prepares a businessman for his calling. Inherently commerce education tends to decorate commerce students with ample number of specialized skills which fabricate immense areas to build their career. This study compared to recognize how NEP will assist the higher secondary level in India. If commerce in higher education gets better rectified in Indian education system, evidently commerce will make Indian economy to feel better in upcoming days because commerce empowers the nation.