Monday, November 16, 2009

education cess paid by us - where is it used?

Since 2004, we are paying good amount of education cess thru income tax deduction monthly and also indirectly in different transactions. This cess was started by P Chidambaram giving reason that we need to educate poor children and for that Indian government needs some money. Very noble cause and really smart way to pool some money. Millions of rupees goes to government exchequer and I always felt that government must be doing something at very base level to boost education system to educate kids of different section. But on 14th November, while watching news on television, I found that still almost 10 million kids doesn’t get chance to attend school mostly because of financial conditions.

Where does my money deducted as education cess by government goes?
Does it get wasted?

Does it get used for some other work?

Does it get lost in between?
Who will answer this?

I felt if I myself had started using that money per month, at least few underprivileged kids would have gone school for sure.