Education is today identified among basic needs, as essential for an individual’s survival as ‘food, clothing and shelter.’ The need for education has been recognized in all parts of the country and among all sections of society. Education brings success and success translates into social recognition. Though we have developed well in higher education system, a limited infrastructure facility is there in most of the educational institutions.

 

Opening school in India is a herculean task, however more and more people are entering in school business; for the demand for school appears unending in India. The promising business opportunity can be discovered in the light of absence of quality school, growing population, and increasing desire to provide quality education to one’s children.

 

A school is an unique business as it cannot be even termed a business. Schools cannot be set up by private entities. They have to be run by a society formed under the Societies Act of 1860, or a trust under Public Trust Act as existent in different states, or by forming a company under Section 25 of the Companies Act 1956.

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Table of Contents

1.       District Profile & Geotechnical Site Characterization

1.1.    General

1.2.    Location & Geographical Area

1.3.    Topography

1.4.    Demographics

1.5.    Map

1.6.    Climate

1.7.    Transport

1.8.    Industry at a Glance

1.9.    Major Exportable Item

1.10.Manufacturing Sector

1.11.Service Enterprises

1.12.Potentials Areas for Service industry

1.13.Potential for new MSMEs

1.14.General issues raised by Industry Association

2.       Introduction

3.       Steps of Setting the School

4.       National Policy on Education

4.1.    Policy Framework

4.2.    Structure and Progress of Education in India

4.3.    Structure of School Education

4.4.    Stages of School Education in India

4.5.    Age Restriction for Admission

4.6.    Medium of Instruction

4.7.    Public Examinations

5.       Right of Children to Free and Compulsory Education Act 2009

5.1.    Part I – Preliminary

5.2.    Part II – Right of Children to Free and Compulsory Education

5.3.    Part III – Duties of State Government and Local Education Authority

5.4.    Part IV – Responsibilities of Schools and Teachers

5.5.    Part V – School Management Committee

5.6.    Part VI – Teachers

5.7.    Part VII – Curriculum and Completion of Elementary Education

5.8.    Part VIII – Protection of Right of Children

6.       Board Norms for Affiliation

7.       Recognised Board of Secondary and Senior Secondary Education

8.       C.B.S.E. Guidelines

8.1.    Central Board of Secondary Education

8.2.    Guidelines for Schools

9.       C.B.S.E. Formalties

10.   Requirements for Opening a CBSE School

11.   Highlights on Enrolment in Schools

11.1.Primary Stage

11.2.CLASSWISE ENROLMENT

12.   Picture Gallery

13.   Siting

13.1.Aspects and Environment

13.2.Effect of Landscape Elements

14.   Planning

15.   Library in School

15.1.School Library Objectives

16.   Market Survey

17.   Space Requirement

18.   Minimum Area of Teaching Accomodation

19.   Classroom Fittings

20.   Construction Requirements

21.   Functional Requirements

22.   Administrative Spaces

22.1.Secondary and Higher Secondary Schools

22.2.Student's Spaces

22.3.Circulation Areas

22.4.Out Door Areas

22.5.Overall Area of School:

23.   Fire Protection Requirements

23.1.Water Supply and Sanitary Requirements:

23.2.List of Vocation Courses

23.3.Alarm Systems

24.   Useful Websites for Schools and Educational Institutions

25.   List of Autonomous Organisations, Institutions and Public Sector Undertakings under the Department of Education

26.   Suppliers of Laboratory Equipment and Lab Testing Equipment

27.   Suppliers of Furniture & Fittings Accessories

28.   Suppliers of Computer Hardware & Peripherals

29.   Supplier of Sports Goods & Equipments

30.   Suppliers of Sports Wear & Accessories

31.   Suppliers of Toys & Games

32.   Suppliers of Wooden School Furniture

33.   School Layout

 

PROJECT FINANCIALS

·         Project at a Glance

Annexure

·         Assumptions for Profitability workings ….…………………………………………....................... 1

·         Plant Economics…………………………………………………………………………….................... 2

·         Production Schedule……………………………………………………………………….................... 3

·         Land & Building…………………………………………………………………………….................... 4

§  Factory Land & Building

§  Site Development Expenses

·         Plant & Machinery………………………………………………………………………….................... 5

§  Indigenous Machineries

§  Other Machineries (Miscellaneous, Laboratory etc.)

·         Other Fixed Assets………………………………………………………………………….................... 6

§  Furniture & Fixtures

§  Pre-operative and Preliminary Expenses

§  Technical Knowhow

§  Provision of Contingencies

·         Working Capital Requirement Per Month………………………………………………................. 7

§  Raw Material

§  Packing Material

§  Lab & ETP Chemical Cost

§  Consumable Store

·         Overheads Required Per Month and Per Annum ……………………………………................. .8

§  Utilities & Overheads (Power, Water and Fuel Expenses etc.)

§  Royalty and Other Charges

§  Selling and Distribution Expenses

·         Salary and Wages ……………………………………………………………………………................. 9

·         Turnover Per Annum ………………………………………………………………………................ 10

·         Share Capital…………………………………………………………………………………................ 11

§  Equity Capital

§  Preference Share Capital

 

•        Annexure 1            ::        Cost of Project and Means of Finance

•        Annexure 2            ::        Profitability and Net Cash Accruals

§  Revenue/Income/Realisation

§  Expenses/Cost of Products/Services/Items

§  Gross Profit

§  Financial Charges    

§  Total Cost of Sales

§  Net Profit After Taxes

§  Net Cash Accruals

 

•        Annexure 3            ::        Assessment of Working Capital requirements

§  Current Assets

§  Gross Working Capital

§  Current Liabilities

§  Net Working Capital

§  Working Note for Calculation of Work-in-process

 

•        Annexure 4            ::        Sources and Disposition of Funds

•        Annexure 5            ::        Projected Balance Sheets

§  ROI (Average of Fixed Assets)

§  RONW (Average of Share Capital)

§  ROI (Average of Total Assets)

 

•        Annexure 6            ::        Profitability ratios

§  D.S.C.R

§  Earnings Per Share (EPS)

§  Debt Equity Ratio

 

•        Annexure 7            ::        Break-Even Analysis

§  Variable Cost & Expenses

§  Semi-Variable/Semi-Fixed Expenses

§  Profit Volume Ratio (PVR)

§  Fixed Expenses / Cost 

§  B.E.P

 

•        Annexure 8 to 11   ::        Sensitivity Analysis-Price/Volume

§  Resultant N.P.B.T

§  Resultant D.S.C.R

§  Resultant PV Ratio

§  Resultant DER

§  Resultant ROI

§  Resultant BEP

 

•        Annexure 12          ::        Shareholding Pattern and Stake Status

§  Equity Capital

§  Preference Share Capital

 

•        Annexure 13          ::        Quantitative Details-Output/Sales/Stocks

§  Determined Capacity P.A of Products/Services

§  Achievable Efficiency/Yield % of Products/Services/Items 

§  Net Usable Load/Capacity of Products/Services/Items   

§  Expected Sales/ Revenue/ Income of Products/ Services/ Items   

 

•        Annexure 14          ::        Product wise domestic Sales Realisation

•        Annexure 15          ::        Total Raw Material Cost

•        Annexure 16          ::        Raw Material Cost per unit

•        Annexure 17          ::        Total Lab & ETP Chemical Cost

•        Annexure 18          ::        Consumables, Store etc.

•        Annexure 19          ::        Packing Material Cost

•        Annexure 20          ::        Packing Material Cost Per Unit

•        Annexure 21          ::        Employees Expenses

•        Annexure 22          ::        Fuel Expenses

•        Annexure 23          ::        Power/Electricity Expenses

•        Annexure 24          ::        Royalty & Other Charges

•        Annexure 25          ::        Repairs & Maintenance Expenses

•        Annexure 26          ::        Other Manufacturing Expenses

•        Annexure 27          ::        Administration Expenses

•        Annexure 28          ::        Selling Expenses

•        Annexure 29          ::        Depreciation Charges – as per Books (Total)

•        Annexure 30          ::        Depreciation Charges – as per Books (P & M)

•        Annexure 31          ::        Depreciation Charges - as per IT Act WDV (Total)

•        Annexure 32          ::        Depreciation Charges - as per IT Act WDV (P & M)

•        Annexure 33          ::        Interest and Repayment - Term Loans

•        Annexure 34          ::        Tax on Profits

•        Annexure 35          ::        Projected Pay-Back Period And IRR