Covid-19 fallout: Over 1,000 schools up for sale

Over 1,000 KG-Class 12 schools in the country are up for sale, hoping to pool in an investment of close to Rs 7,500 crore in the next two-three years, with the Covid-19 wave hitting India’s education sector hard. Mostly on offer are private budget schools with an annual fee cap of Rs 50K. About 80% of school education in India is catered to by this category of institutes.

Covid-19 fallout: Over 1,000 schools up for sale
Over 1,000 KG-Class 12 schools in the country are up for sale, hoping to pool in an investment of close to Rs 7,500 crore in the next two-three years, with the Covid-19 wave hitting India’s education sector hard. Mostly on offer are private budget schools with an annual fee cap of Rs 50K. About 80% of school education in India is catered to by this category of institutes.