Shweta Sharan In India, planning and managing a school’s budget becomes tricky, given that the business of running a school in the country is not legal. In other words, you cannot legally make a profit as a school-owner. The educational trust under which your school is registered cannot make a profit. No wonder then that we have seen heavy investment in education start-ups that offer ancillary or outsourced services but very little investment in schools! In a report on Budget Private Schools, Ekta Sodha, CEO of Sodha Schools, a chain of low-cost private schools in Gujarat, talks about the particular problems she faces to keep costs low but benefits high. In the report, she says: “After exploring many possibilities, we realised the best option to move forward was to create a set-up of an educational services’ company alongside an educational trust. The services company would buy the land and build the buildings; the trust then rents these from the company. The education services company designs the assessments, creates curriculum workbooks, conducts teacher recruitment, teacher training, fees collection and so on. The trust again pays for these services. We figured that creation of this somewhat complex model was the only legal way to move forward paying due taxes on profit generated through services.” Most of India’s biggest and plushest schools are run by land owners, but what happens to individual and progressive voices in education? For example, in the last 10 years in Bengaluru, there have been as many as eight new progressive schools that are small or medium-sized and want to experiment with fewer numbers and higher quality. But given the restrictions that school owners face in terms of running a school, the plight of the small school principal becomes especially tricky. We spoke to a few principals of small schools in India and how they grapple with the many complexities of running a school’s budget. Prarthana Gupta, Sandeepani Academy for Excellence Sandeepani Academy for Excellence is a progressive school located in Bangalore, inspired by the philosophy of Rabindranath Tagore. They have classes till grade 9 and will soon be affiliated to the CBSE board. Says the founder, Prarthana Gupta, “Since ours is a smaller school, the founders are more actively involved. In Sandeepani, the principal has a more curriculum-based role and I take care of the budgeting and planning, which is more stressful! Both of us are in sync with our vision for the school. We only plan to have a certain number and