Prime Minister Balen Shah Announces Abolition of Education Equity Fee, Saving Parents Over 7 Billion Rupees
Summary
Prime Minister Balen Shah has announced the abolition of a 3 percent education equity fee, potentially saving parents over 7 billion rupees annually in Nepal.
Key Points
- Prime Minister Balen Shah announced the abolition of the 3 percent education equity fee introduced in the 2083/84 budget.
- Parents in Nepal will save more than 7 billion rupees annually due to this abolition.
- The private sector spends 3.6331 percent of Nepal's GDP on education up to the secondary level.
- There are 10,473 private schools in Nepal with 3.8 million students enrolled.
