Fee hike by private schools: Punjab cabinet caps yearly fee hike at 8%
The Punjab government on Wednesday paved the way for rationalisation of fees in private schools with the cabinet giving its nod to the Punjab State Regulation of Fee of Unaided Educational Institutions Rules, 2017punjab Updated: Apr 19, 2017 15:41 IST
Punjab government on Wednesday paved the way for rationalisation of fees in private schools with the cabinet giving its nod to the Punjab State Regulation of Fee of Unaided Educational Institutions Rules, 2017.
Under the new rules, annual fee hike by private schools will be capped at 8% of the previous year’s fee, finance minister Manpreet Singh Badal later told mediapersons. All other funds charged by the schools will also be covered by these rules, he added.
The move is aimed at curbing excessive fees in private schools across the state, an official spokesperson said after a cabinet meeting here that was chaired by chief minister Captain Amarinder Singh.
The spokesperson said that the Punjab Regulation of Fee of Unaided Educational Institutions Act, 2016, had already been enacted in compliance with directions of the Punjab and Haryana high court.
In a step to streamline the education system in the state, the cabinet also decided to appoint a person of national eminence from the field of industry, technology or technical education as chairman of the board of governors of Maharaja Ranjit Singh Punjab Technical University, Bathinda. Similar appointments will be for IK Gujral Punjab Technical University, Jalandhar.