New Delhi: The Union Cabinet on Wednesday finally approved the much-awaited New Education Policy (NEP), official sources said.The policy was approved in the cabinet meeting chaired by Prime Minister Narendra Modi at which Human Resource Development Minister Ramesh Pokhriyal ‘Nishank’ was also present.Significantly, the exercise of overhauling and formulating a new education policy started when Ms Smriti Irani was the HRD minister in the previous Modi government. It has been nearly six years in the making before being finalised and getting the approval of the Modi Cabinet.