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Declare education 'for profit': Educationists, private schools urge govt It is an open secret that school owners make money – at times hand over fist – but maintain that they are not for profit Current Affairs :Sir Richard Branson once broadly stated: “On the off chance that you need to be a tycoon, start with a billion dollars and dispatch another aircraft.” The inverse, many contend, remains constant on account of school training in India. Set up a school with Rs 100 crore and you’ll before long have Rs 1,000 crore in the bank. This in spite of the way that instruction in India is “not for benefit” by definition. The act under which the segment has been working is currently being addressed. A developing campaign of school originators and proprietors of school chains is encouraging the legislature to proclaim the part with respect to benefit since everybody is winning a benefit out of it regardless. This would assist with directing more assets into the part and tidy u...