Private schools directed to submit audit reports, display fee details or face action
The School Education department has mandated that private unaided schools submit audited financial reports and display fee structures. Institutions failing to comply by July 30 face potential disciplinary action.
Why it matters
This move aims to increase transparency and accountability in the private education sector, which is often criticized for high and opaque fee structures.
The School Education department has directed all Regional Joint Directors of School Education (RJDs) and District Educational Officers (DEOs) to ensure strict compliance by private unaided schools regarding submission of mandatory records.
The schools have been instructed to submit Annual Administration Reports (AARs) along with audited statements of accounts, certified by a Chartered Accountant. The statements for the academic years 2023-24 and 2024-25 must be uploaded on the department’s official website by July 30.
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