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The circular stated that the decision to dissociate from Presidium was due to its "change in emphasis" from "an academically oriented, student-centric academic institution to a profit-centric institution".
News large description:
<p>Three institutions under the ‘Presidium’ school franchise became ‘Prudence’ schools last week — a change which a section of parents say they were not informed about, and for which the Education Minister says no application was submitted.</p> <p style="text-align: justify; margin-top: 10px; margin-bottom: 10px;">GOOGLE_AD_DATA</p> <p>The guardians of students at the three schools — in Ashok Vihar, Dwarka Sector 22 and Dwarka Sector 16B — operating under the banner of Presidium, which runs eight other schools across Delhi’s satellite cities, were informed through circulars that the schools were dissociating from the name ‘Presidium’ and changing to ‘Prudence’. The circulars were signed by G S Matharoo, who was a part of the management team of Presidium group in the role of Advisor. In the circulars, his designation read ‘Chairman of Prudence’.</p> <p>The circular stated that the decision to dissociate from Presidium was due to its “change in emphasis” from “an academically oriented, student-centric academic institution to a profit-centric institution”.</p> <p>“The three schools are run by three different societies which are their governing bodies, and Presidium was only a brand they associated with. In July or August, Presidium placed a demand that the schools pay 20 per cent of their total collections in order to continue using the franchisee name. The governing bodies of all three schools passed unanimous resolutions rejecting this and they will now be operating under the new brand Prudence. Apart from the name, the entire management body remains as it was. It is the prerogative of a governing body to change the school’s name,” Matharoo told The Indian Express.</p> <p>However, Delhi Education Minister Manish Sisodia said that while a school cannot be forced to be a part of any franchise, the change has to receive government approval. “A complaint from parents regarding this matter was received on Monday, and no prior intimation or application was received for the change,” he said.</p> <p>The circular was followed by a message by Presidium chairperson Sudha Gupta, circulated on social media, calling the change “an act of fraud” and “sabotage”. Gupta added that “to the best of my understanding, the change in name has not been done in accordance with the law”. Another circular by Matharoo followed, accusing Presidium of misappropriation of funds. Multiple attempts by The Indian Express to contact Gupta went answered. The founder of Mother’s Pride, a chain of playschools, she is married to former MCD executive engineer Devinder Gupta.</p> <p>Meanwhile, parents also objected to the change: “We suddenly get to know our children are studying in a school with an unknown name,” said Amit Kharkhari, whose children study in the Dwarka Sector 22 school.</p> <p>The Presidium website markets joining the group as a franchisee as a “smart business decision”, the requirements for which are land area, cost of construction, working capital for the initial years, and a franchisee fee comprising a licence fee and a percentage of revenue. In return for this, the franchisee is promised the “backing of, and association with, a respected brand in education” and “full support in recruitment, training staff and marketing”, the agreement for which lasts 45 years.<br /><br />News Source (<a href="https://indianexpress.com/article/education/new-delhi-3-presidium-schools-change-name-govt-says-no-intimation-5445107/" target="_blank" rel="nofollow">Indian Express</a>)</p>
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News Page Details
Page Title :
New Delhi: 3 Presidium schools change name, govt says no intimation
Page Description :
The circular stated that the decision to dissociate from Presidium was due to its "change in emphasis" from "an academically oriented, student-centric academic institution to a profit-centric institution".
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