Rules to set up schools tightened for corporates
Corporate houses keen to open schools in partnership with the government will have to deposit Rs.50 lakh for each school with the human resource development (HRD) ministry, Mint reported. This will be in addition to shouldering the entire expense of building and running the schools.
The government believes the requirement will deter entities that are not serious about education, but some experts say it will only dissuade companies from participating in the programme. The ministry has issued a fresh qualification proposal to open 2,500 model schools in developed neighbourhoods through public-private partnerships (PPP).
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