1. A number of vocational courses are being run by Bharatiya Vidya Bhavan in the same complex using the same school building. Therefore the expenditure of the school for repairs and maintenance, electricity, water etc is apparently much higher. Parents are ultimately forced to bear this loss as this leads to artificial deficit in the school account and consequent fee hike.
2. Meanwhile, Bhavan has started a Management College in the same premises and parents strongly apprehend that the accumulated Development Fund collected from the parents of the school has been diverted for this purpose.
3. Even, the incomplete information provided by the school through RTI shows huge manipulation of accounts, to show an artificial deficit and exploit the parents. There was no deficit in reality; as such there was no need for fee hike for the last two academic years, as shown below:
a) The PTR of the school has been grossly manipulated and on this front alone the school seems to have embezzled in excess of one crore during the year 2011-12. For AY 2009-10, the school showed Rs.17, 47,770/=, for salary of casual teachers. This would mean that in addition to the already shown strength of 91 teachers, another around ten casual teachers were available. This would make the PTR, around 22.5:1 for around 2250 students. But in reality, on an average the PTR was 40: 1. This huge difference needs thorough investigation.
b) As on 31.3.2010, there was a Development Fund corpus of Rs. 2, 31, 86,285/=. Another collection of Development Fund of Rs. 48, 66,122/- was made during the AY 2010-11, making the total Rs.2,80,52,407/-. The interest on this should have been more than Rs. 22 lacs whereas only Rs. 8 lacs has been shown in the account. The whole interest received on unutilized Development Fund should have been used for paying arrears to the teachers, as per DOE Guidelines dated 16.4.2010, rather than resorting to fee hike.
c) Since an amount of Rs.2, 88, 55,207 (as per the BMV Accounts) was available in the Development Fund and no development fund was utilized during AY 2010-11, there was no need to collect development fund in AY 2011-12. Therefore the amount collected is liable to be returned to parents with interest.
d) Since Bharatiya Vidya Bhavan (BVB) , being a charitable trust, is supposed to run BMV on no-loss no profit basis, Bhavan’s Delhi Kendra should have contributed to the school fund an amount of Rs.27,71,740/- on account of EWS and Rs. 4.5 lacs on a/c of BPL free ship (Total Rs 32.2 lacs). But, not even single penny was given, resulting in that much exploitation of parents.
e) Expenditure on computer repairs and exam charges are shown very much on higher side
f) There appears to be huge embezzlement of funds in the purchase and repairs of the computers. This needs to be investigated as Development fund collected from parents is being utilized for this purpose.
g) An amount of Rs.19, 32, 256/- has been shown to have been paid towards administrative charges to Headquarters, which is a diversion of parents money to elsewhere and needs to be investigated.
h) Purchase of Furniture, fixture and equipments worth Rs.9, 85,045/- during 2010-11 was not from development fund, leading to artificial deficit in the school fund.
i) The huge deficit incurred in running the special education Department every year (around 17 lacs) has to be born by BMV and cannot be transferred to the general parents as it is BVB’s responsibility as a charitable trust and as committed to DOE while obtaining recognition of BMV.
