India Parent Magazine October 2018

tor. The student repays it in 15 years in easy instal- ments. Repayment starts one year after completion of graduation. For those students who wish to take up a job immediately after 12th class, skill centres are being set up in collaboration with the Singapore government. These centres offer one-year vocational courses. The first skill centre set up three years ago is doing extremely well, with 100% placements in all three years. The government is planning to open many such skill centres all across Delhi. Our kids are our biggest assets. They are the future of our country. If we provide them good education, no one can stop India from becoming a developed country.

powers and some finances. This experiment has been tried for the first time in the country with great suc- cess. We believe in co-existence of both private and government schools. As long as private schools follow the laws, government does not interfere in their func- tioning. There were complaints of extortionist fee hikes by some private schools. Those schools, which are on government land, were not allowed to increase their fee without a government audit. As a result, only 25 schools have been allowed to increase upto 10% fees in the last three years. Almost 600 schools have been ordered to refund excess fees charged. Again, it is for the first time in India that pri- vate schools actually refunded excess fee. As per Delhi education model, education is free upto 12th class. For higher education after 12th class, the government has set up a trust to provide loans upto Rs 10 lakh. Economically weak students and those students who wish to fund their own college educa- tion can avail of this loan. It is very easy to get this loan. You don’t need to give any collateral. The government acts as a guaran-

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