delhi schools will mint rs 1200 crore through sale of nursery forms: assocham
The Associated Chambers of Commerce and Industryof India(ASSOCHAM) today said leading public schools in Delhi were likely to earn a revenue of more than Rs 1200 crore through sale of nursery admission forms.
The schools had earned nearly Rs 1000 crore from the sale of the admission forms last year, an analysis bythe industry body showed.
A press release from ASSOCHAM said parents would have to seek admission for their wards in nearly 30 schools and might end up spending more than Rs 20,000 for admission forms.
In order to curb an increasing menace in private schools, especially in metros like Delhi and the National Capital Region (NCR), ASSOCHAM has mooted a proposal for a centralized nursery admission form for all sections to Department of Education (DTE).
?Nursery admission has become an anxiety-ridden mission for parents seeking to secure a seat for their tiny tots in reputed pubic schools due to limited number of days for sale of admission forms," ASSOCHAM Secretary General D S Rawat said.
The paper revealed that parents these days maintain a budget of about Rs 15,000 to Rs 20,000 only for applying in leading schools. For parents, it is sort of a wild shot as even after shelling out so much of money there is no certainty that their child will eventually get through to that school.
There are over 3,000 public schools in Delhi which normally sell prospectus, containing details aboutadmission processes in their respective schools for a sum of between Rs.500 and Rs 1000.
?Due to a recent Delhi government notification vis-a-vis 25% reservation for children belonging to economically weaker sections, seats for general candidates have shrunk drastically, thereby, making it tough for parents who will have to throng about 25 to 30 schools for their kids? admission,? said Rawat.
The cost of prospectus for nursery admission in metro centres has spiked by nearly ten times during the course of the past decade, according to ASSOCHAM.
The price of prospectus for nursery and KGs is costlier than that of Delhi University, IIMs, IICA and IICS which really provide qualitative education, points out the study.
The study further highlights that generally parents are bound to buy prospectus as these contain important details about admission procedure along with the admission forms.
?Soaring price of admission forms in most of private schools in metros have disturbed the budget of even well to do families. Education is now being run like a commercial business enterprise these days?, added Rawat.