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Search Results For : Financial

Does the salary of teachers and staff has to be exactly equal to the state requirements? What if it is lesser than the state directed amount?

The salaries you pay to the teachers and staff of your school may be lesser than the state requirements but there must be an EPF registration in every case. The variation is granted as the cost of living differs from region to region but there must be transparency in the bank statements and there must be no financial irregularity. Complete financial documentation is a must.

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How to Start a CBSE School Anywhere in India?

I plan to start a school in Vijayawada, Andhra Pradesh. It is said that the schools cannot take capitation fee. What does capitation fee exactly mean?... Read More


How to Start a CBSE School Anywhere in India?

The new CBSE bye laws instruct the school to fix the see structure. Will it be mandatory to revise the fee for all the classes?... Read More


How to Start a CBSE School Anywhere in India?

What does the “post affiliation” norms do?... Read More


How to Start School and get IGCSE affiliation?

I am running a school,up to class 6 in very remote part ,and I want my students to come in main stream of education,but financial problems are hindering my way.Is there any possibilities to overcome it by IGCSE??... Read More


How to Start a New School in India?

is there a point in non-profit making entity label for the schools when it is an open secret that they are cash cows?... Read More


How to Start a CBSE School Anywhere in India?

We have been running a Sr. Secondary CBSE school for 6 years now. We wanted to know how significant is permanent affiliation in gaining recognition among reputed schools? Does permanent affiliation imply better school management?... Read More


How to Start a CBSE School Anywhere in India?

I am running a sr. secondary CBSE school with 3 streams, I want to start offering vocational streams with subjects like entrepreneurship, commercial art etc. Can I apply for affiliation to vocational subject’s from class 11th onwards?... Read More


Whither the role of academicians in starting a school?

India is witnessing an increasing trend in the number of new schools. Starting a new school in India and providing quality education involves meticulous planning and unconditional commitment of the promoter.... Read More


CSR Spending for Improvement of School Education

Corporate Social Responsibility (CSR) contributions has been mandated by Government of India for all companies meeting specified financial thresholds. Certain areas of socioeconomic development have been specified as well, school education being one of them.... Read More


Madras HC Grants Permission to Matriculation Schools to Conduct Special Classes in Summer

The Madurai Bench of the Madras High Court has consented to the appeal of the Matriculation schools to conduct special classes during summer for class XI and XII students. The permission is granted to conduct special classes insofar as they are useful in preparing the students for the competitive en... Read More


What makes you eligible to start a school in India?

Apart from having necessary land and required financial resources to open a school in India, sustaining its operations until it becomes financially independent and ensuring the continuous advancement of the school are the key factors for the success of any school project. Let us examine the individu... Read More


Indian Army takes initiative in the interest of education of the children of the state of J&K

Amidst the ever present tension and conflict and undercurrents of mutual suspicion and cynicism, the Indian Army has yet again made its bid to reach out to the community by funding the education of the underprivileged children of the remote areas of the beleaguered valley. Army Commander, Northern C... Read More


Start Own Brand School or Franchise School?

School promoters can opt for two courses of actions to start a new school in India. First, establishing their own school and building own school brand and second, opting for a franchise from an established school brand.... Read More


Schools cannot force non-NCERT, non-SCERT books on students in the name of “value addition”

The National Commission for Protection of Child Rights (NCPCR), in a bid to facilitate affordable and quality education, has asked the state education department and the education board to curtail the need of students for amassing books other than the ones prescribed or published by the National Cou... Read More


Should I obtain a Detailed Project Report (DPR) before I start a school?

DPR is a comprehensive school development plan prepared in consultation with the school promoters, an important start up guide for those who wish to start a new school. Further it acts as an implementation guide for promoters and can be used obtain loans for the proposed school project. DPR addresses all major issues concerning the project, namely –

  • Vision & philosophy
  • Organization structure
  • Academic & beyond academic programs
  • Staffing & Skill development
  • Master plan & interiors
  • Branding & positioning
  • Statutory & legal issues
  • Financial feasibility covering 15 years cash flows.
  • Market pricing
  • Admissions
  • Documentation for staff and students
  • Technology infrastructure
  • Project schedule
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Wisely Choose School Consultants in India?

This is what school promoters should look for in a school consultancy service organization. They must see if the consultancy is organized i.e. can it provide all the services required to launch a new school through their own dedicated resources?  Can they help conceptualize the school, plan budget, ... Read More


How to Start a New School in India?

Starting a school in India is a venture many like to explore. Owing to the state policies regarding private schools which involves securing multiple licenses and permissions, opening a school can turn unduly strenuous. This need not be so daunting. We have detailed the procedure to start a school in... Read More


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