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Model Self-Financed Independent Schools (Recognition and Fee Regulation) Code Version 4.0
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The Code was originally released in 2017. The same has evolved overtime based on engaging consultative process with stakeholders and authorities in various states, and this updated version 4.0 is aligned with National Education Policy 2020, similar acts in States such as Uttar Pradesh and Haryana and recent verdicts delivered by various courts. We deeply appreciate the relentless efforts, guidance and contribution of Mr Prabhat Jain, Governing Body Member, FICCI ARISE along with Mr Vardan Kabra, State Chairman – Gujarat, FICCI ARISE in preparing this upgraded version of the code.
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Self-financed independent school sector has grown manifold over the years. While in terms of physical spaces, self-financed independent schools constitute about 28% of total schools in the country, they cater to over 43% of school going students. Several such schools have been instrumental in introducing new age pedagogy and classroom practices that are in tune with the present times and equip todays’ students with the right skillset and acumen to take on the challenges of this new and rapidly changing world. Given the demographic state of our country, it is important to further encourage long term and visionary ‘Edupreneurs’ to enter the sector and upgrade/build high quality 21st century ready schools.
This report was published by ARISE during its previous identity as FICCI ARISE. All rights are reserved.
