Idea 8: Fee structure for educational institute in rural areas
Normally in rural areas people register their children in school but they do not have good motive to send the child daily. To fix up this problem.
Fix initial amount that is enough for people to not ignore, it will be returned after one year.
(let's say 2000)
For each absent of student he have to pay a fine of 50/100 rs. within 5 day, if not the final amount (2000) will not be returned.
So institute will earn from absence of student and interest of that initial amount.
Fix initial amount that is enough for people to not ignore, it will be returned after one year.
(let's say 2000)
For each absent of student he have to pay a fine of 50/100 rs. within 5 day, if not the final amount (2000) will not be returned.
So institute will earn from absence of student and interest of that initial amount.
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