Delhi HC dismissed appeals challenging a previous ruling that Directorate of Education was not empowered to exercise unrestricted control over fees charged by unaided pvt schools.
Students allege ‘up to 40% hike in some courses’, demand rollback. Proctor says fee increased between Rs 500 & Rs 1,500 for different courses, mainly to improve infra.
In interim order, high court said students can pay a portion of raised fee to resume attending classes. The parents have been at loggerheads with school admin over the hike.
Protests are ongoing outside several private schools while BJP-led govt in Delhi and previous AAP administration play blame game, leaving parents and students in limbo.
RBI lifted ceiling on interchange fee on ATM withdrawals through circular issued Friday. Interchange fee is amount one bank pays another to facilitate ATM transactions.
Parents complain of hidden costs, with some turning to loans, while private schools justify 10% annual fee hike to improve infrastructure and attract, retain qualified permanent faculty.
Students from economically weak backgrounds complain about fee hike, others want better infra, while DDUGU administration either dismisses concerns or blames lack of funds.
PhD scholars also faced fee hike before partial rollback was announced Friday. Students says they've already paid increased fees and no refund has been announced.
Delhi HC has ruled that private unaided schools on govt land only require Department of Education’s approval for fees hikes if it’s an explicit condition for the transaction.
The rules now take effect on 1 July instead of 1 April, the Reserve Bank of India said. New rules may raise cost of raising capital for proprietary trading firms & squeeze profits.
Oleksandr Yakovenko, founder of Ukrainian drone maker TAF Industries, further went on to highlight the growing 'irrelevance' of European defence platforms.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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