Hyderabad, July 10

Career Launcher chain of schools and SKS Microfinance have jointly launched SKS-CL Academy to set up English medium schools in Andhra Pradesh. The Academy would set up 10 schools in Nalgonda, Khammam, Rangareddy and Medak districts in the State in the pilot phase to provide primary education till third standard using the national open school syllabus with special emphasis on technology. While Career Launcher would manage and run the schools, Hyderabad-based SKS Microfinance would take care of marketing and providing education loans for students. “It is the acute lacuna of quality education in rural areas which made us opt for this venture,” Mr R. Satyanarayanan, Chairman, Career Launcher Group, said in a release.

– Our Bureau

(This article was published in the Business Line print edition dated July 11, 2008)
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