Sunday, 20 September 2020

Corona decides to sell 1,000 schools

The global epidemic of corona virus continues to wreak havoc in India, where every sector from showbiz to education has been severely affected. According to Indian media, due to the Corona virus, it has been decided to sell about 1000 schools across the country from KG to Class XII. The Corona virus has hit India's education sector hard, and the decision is expected to fetch Rs 7,500 crore from the sale of nearly 1,000 schools across the country. The money will be used for the next 2 to 3 years of investment. The offer is for private-budget schools with a maximum annual fee of Rs 50,000 per child, according to Cerestra Ventures, an organization working on educational infrastructure in India. Fall into the same category.

Governments have set fees for schools, and schools are expected to cover other costs as well as pay teachers, which can be a problem for schools. Vishal Goel added that a large school had to cut the salaries of non-teaching staff by up to 70% in order to pay its staff.



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