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Private schools are money spinning enterprises: Apex court

By IANS,

New Delhi: The Supreme Court Thursday said private schools were money- spinning enterprises and asked them to wake up to their corporate-social responsibility by educating poor children.

The apex court bench of Chief Justice S.H. Kapadia, Justice K.S. Panicker Radhakrishnan and Justice Swatanter Kumar said this on a petition by the Society for Unaided Private Schools of Rajasthan.

The society has challenged 25 percent reservation of seats for students from economically weaker section (EWS) under the Right of Children to Free and Compulsory Education law.

The court indicated that it might call for the accounts of last five years of these schools to check their financial status.