Thursday, December 28, 2017

City's private schools' bank accounts to be audited by Delhi government

City's private schools' bank accounts to be audited by Delhi government



Delhi government is all set to audit the bank accounts of all the 1700 private schools in the city before they increase their fee citing the implementation of seventh pay commission.The decision came after the HC issued a stay on order of the Delhi government which had allowed the schools to increase their fee by 15%. Now, with the government auditing the accounts it is likely that there will be no fee hike for this academic session. Sources said "the decision was taken Tuesday in a meeting attended by CM Arvind Kejriwal, Education Minister Sisodia among others, after complaints by parents about schools “indiscriminately increasing fees". “This time, the accounts of all private schools will be audited. During our last audit, we had found that the schools were siphoning off funds to the parent trust and in the name of development fee, they were constructing school buildings. Whereas the rule says that the money collected can be used only for the functioning of the school, furniture and equipment. We had received complaints from various quarters, following which this decision was taken,” said Atishi Marlena, advisor to Sisodia.A CA under the supervision of DOE will audit all the accounts during the period of next three months.



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