Students won’t have to bear RTE cost, says Sibal

April 16, 2012

student_RtI

New Delhi, April 16: The government has sought to assure parents that the Supreme Court’s verdict making free education to 25 per cent children from weaker sections mandatory in private schools will not prompt the school managements to increase other students’ fee in order to shift the burden.

“I do not think that will happen. I think there would be ways and means to raise resources. We will be working with schools in order to do that. We will try our level best. Nobody will be penalised for this,” Human Resource Development (HRD) Minister Kapil Sibal told a news channel on Sunday, when asked if the burden of providing free education to the 25 per cent would be passed on to other students.

Asked who will pay the tab for the 25 per cent reservation, Sibal said schools which had not taken any benefit from the government would be compensated by the government under the Right to Education (RTE) Act.

"We have made the calculation," Sibal said. The government would incllude the provision of school uniforms and textbooks in the twelfth Five Year Plan to those students admitted in 25 per cent quota under the Act.

As per the Act, schools providing free and compulsory elementary education would be reimbursed expenditure so incurred on the students from weaker and disadvantaged sections to the extent of per-child-expenditure incurred by the state concerned, or the actual amount charged from the child, whichever is less.

“The amount of disbursement to schools against the expenditure incurred on students from weaker sections by them would differ as it will be decided on the basis of the RTE rule formulated by each of the state the implementation of the Act,” a senior official of the HRD Ministry told Deccan Herald.

According to a rough estimate, the expenditure to be incurred per child would vary from Rs 6,000 to Rs 17,000. In Delhi, the government incurs an expenditure of Rs 14,300 per annum per child, sources in the ministry said.

Sibal suggested that the schools could raise resources from their funds if they had their resources in surplus. They could also tap the funds provided by corporates under their corporate social responsibility obligations.

"You have many corporates who are committed for corporate social responsibilities. Schools can actually tap their resources so that there is no burden on parents," he said.

Free education

He underlined that Rs 2.31 lakh crore had been earmarked for implementing provisions of the Right To Education Act Act in the eleventh Plan period. Providing free education to all the children was not possible for the government and therefore, private schools had been made responsible along with those run by government to achieve the mission.

“The gap between the rich and the poor is enormous. We must move forward and we must have an inclusive society in which all must participate. After years of deliberations, we thought we must try and integrate disadvantaged communities into the school. Social integration is the motive behind the move," he said.

The RTE Act makes free and compulsory education to children between 6 to 14 years of Class I to VIII. When asked what would happen to those students to be admitted under 25 per cent quota after class VIII, Sibal said there could be a rethinking on the issue after eight years.

"After eight years, the whole situation will change. There will be a government at that time. Maybe there will be a rethinking on it."

To a question why boarding schools were kept out of the purview of the Act, he said they had a different ecosystem where classes, generally, start from Class VI onwards.

"As and when we feel they should come under purview of the act, we will think of it," he said.

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News Network
February 18,2020

New Delhi, Feb 18: Delhi Transport Minister Kailash Gahlot is the richest minister in the AAP government, according to a report released by the Association for Democratic Reforms (ADR) on Monday.

In a statement, the NGO said, Delhi Election Watch and ADR have analysed the self-sworn affidavits of all the seven-party leaders including Chief Minister Arvind Kejriwal.

According to the statement, the minister with the lowest declared total assets is Gopal Rai with assets worth Rs 90.01 lakh.

"The minister with the highest declared total assets is Kailash Gahlot from Najafgarh constituency with assets worth Rs 46.07 crore," it stated.

The report by ADR comes on the day Kejriwal and his six ministers took charge after the formation of the new AAP government.

Chief Minister Kejriwal and his cabinet colleagues took charge of their respective offices on Monday and asserted that they would work to fulfil the promises made in the "guarantee card", released during the poll campaign, including reduction in pollution and expansion of metro network.

Members of his Cabinet are -- Manish Sisodia, Satyendar Jain, Rajendra Pal Gautam, Imran Hussain, Gopal Rai and Kailash Gahlot.

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News Network
August 7,2020

New Delhi, Aug 7: The Congress on Thursday demanded the removal of Karnataka minister KS Eshwarappa from the cabinet and his arrest for his statement that grand Krishna and Vishwanath temples would come up in Mathura and Kashi respectively after "liberating" them.

Mr Eshwarappa made the statement while reacting to Prime Minister Narendra Modi laying the foundation of the Ram temple in Ayodhya yesterday.

"By asking kar sevaks (volunteers) to launch a similar campaign, the minister (Eshwarappa) is trying to disturb peace in the society," Congress Karnataka unit chief DK Shivakumar said at a press conference in Ballari today.

"Such people should be arrested immediately, police officials should register a case against him and the Chief Minister should remove him from the cabinet,"he said.

Rural Development and Panchayat Raj minister Eshwarappa had said on Wednesday that he was of the firm opinion that "if not today, tomorrow, Mathura and Kashi temples will be liberated and grand temples would be built there."

"A place of devotion has to be built in both Kashi and Mathura. There too, grand temples have to be constructed. The mosques have to be removed from there," he said.

Mr Eshwarappa, a former BJP state president, said the centres of Hindu belief, Ayodhya, Kashi and Mathura were a kind of a symbol of "slavery" as "temples of our Rama, Krishna and Vishwanath were destroyed and mosques built."

Stating that Mr Eshwarappa is not an individual but a minister who represents the government, Mr Shivakumar on Thursday sought to know from the Chief Minister whether this was his government's stand.

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News Network
March 6,2020

New Delhi, Mar 6: As panicky depositors rushed to withdraw money from Yes Bank whose control was seized by the RBI in a dramatic late-night move, Finance Minister Nirmala Sitharaman on Friday assured depositors that their money is safe and said the central bank was working for an early resolution of the crisis.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 for the next one month and imposed strict limits on operations at the country's fourth-largest private lender that faced "regular outflow of liquidity" after an effort to raise new capital failed.

"I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," Sitharaman said here.

She said no depositor will lose his or her money and insisted that the immediate priority is to ensure Yes Bank customers are able to withdraw money within the stipulated cap.

"I want to assure every depositor that their money shall be safe. Their monies are safe," she said. "I am constantly in contact with the RBI and the steps that are taken are taken in the interest of depositors, banks and economy. We are fully seized of the development."

She was talking to reporters after meeting State Bank of India (SBI) Chairman Rajnish Kumar. On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.

"So I repeat, the depositors can be assured that their money is safe," she said.

Soon after the RBI takeover, depositors thronged Yes Bank ATMs to withdraw money and police had to be deployed in some places to control the crowds.

Yes Bank has 1,000 branches across the country.

Refusing to elaborate on her meeting with the SBI chairman, the minister said that "was on a completely different matter".

"RBI governor has given me assurance that there will be an appropriate resolution soon. No depositor will lose (money)," she said. "Reserve Bank has taken cognizance of the problem."

The central bank, she said, has gone through the "process over and over again to find out an amicable solution".

"And that has been over the last couple of months. So it is not as if they have come in suddenly now. We have been monitoring the situation," she said adding the RBI has appointed an administrator who previously was with the SBI.

"Both the RBI and the government are looking at this with all the details before them, not just today. I have personally monitored the situation over the last couple of months with the RBI. Therefore we have taken a course which will be in everybody's interest," she added.

Yes Bank had been seeking new capital since last year to bolster its ratios and quell questions about its stability due to its exposure to the non-banking finance industry entangled in a prolonged crunch in the local credit market.

The SBI chairman said the resolution to the Yes Bank crisis will come "very shortly".

"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."

On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.

"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.

Commenting on the crisis at Yes Bank, Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions, Moody's Investors Service, said: "RBI's moratorium on Yes Bank is credit negative as it affects timely repayment of bank depositors and creditors."

"While Moody's expects Indian authorities will take steps to prevent the weakness in the bank's viability from significantly impacting its depositors and senior creditors, the lack of a coordinated and timely action highlights continued uncertainty around bank resolutions in India," she said.

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