School is tough business.
And, if it’s a private unaided school, the government isn’t going to support them either.
The pandemic has been pretty bad financially for a lot of professionals and industries.
But, few have been hit as strong as the schooling sector. They are bleeding and nothing seems to be working to cauterize the wound.
A school has many fixed costs like:
These costs have mounted high and the income has dried up. Most schools report that they haven’t received even 5% of the fee that is due for the past year.
If the schools do not start re-opening soon, study estimates that almost 23% of the schools will have to shut shop.
This is specifically going to affect the lower-middle-income class’s education very badly. Its now or never for schools.
That’s our bit on today’s bite.
Meanwhile, check out NuShala to ease your school’s management.
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