• Chethan Machaknur

New Education Policy 2020:All education institutes to be audited as 'not for profit' entities


All education institutions will be held to similar standards of audit and disclosure as a ‘not for profit’ entity. Surpluses, if any, will be reinvested in the educational sector, as per the NEP. There will be transparent public disclosure of all these financial matters with recourse to grievance-handling mechanisms to the general public. All fees and charges set by private HEIs will be transparently and fully disclosed, and there shall be no arbitrary increases in these fees/charges during the period of enrolment of any student.

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