Indian Education system is in crossroads which always be criticised on many grounds reflecting the traditional practices and National Education Policy-2020 is an eye-opening attempt to ensure that the Indian ethos, traditions, customs, practices shall be restored by means of encouraging education provisions under constitutional provisions. The recommendation under Chapter-15 reflects the major paradigm shift in the Teacher Education including introduction of 3 major courses and structural and functional changes in Teacher preparation. This paper focuses on the policy recommendations and proposed plan of action in order to revamp the teacher education considering regulatory, academic and professional development of Teachers and Teacher Education sector.