Government of Tamil Nadu has opened up a new vista for financing much-needed school education infrastructure in the State through public-private partnerships with domestic and overseas institutions.
As per the MoU, the Foundation will be regularly investing funds in school education infrastructure projects in numerous districts, building on the 35-plus years of experience that it has in this field.
Government schools still have a lot of requirements in terms of infrastructure — additional classrooms, toilet facilities, water facilities, furniture and compound walls.
Anybody can adopt a school for these purposes — that is to provide furniture, computers, lab facilities, library facilities, compound wall, and classroom facilities.
The MoU would be valid for a period of five years. After reviewing the results of the partnership and mutual consent, the MoU could be renewed for a further period of two years at a time.Any company or any individual who wants to enter into an MoU can deal with the CEO.