The BMC recently announced that they will give Rs 10,000 as reward to children of all tax payers who secure over 90 per cent marks in SSC and HSC examinations. For this, the BMC has made a provision of Rs 10 crore in its annual budget for 2010-11 which was presented on Wednesday.
What’s more, BMC has announced that the reward will also be given to students who have secured 90 per cent marks in the academic years 2007-08 and 2008-09. Around 1,200 students in SSC and about 1,300 students in HSC scored more than 90 per cent marks in the 2009 exams.
This initiative was taken to encourage people to pay their property taxes on time for if they default, their children would miss out on the reward if they scored more than 90 percent.
Will this initiative by the BMC lead to a more competitive environment among students or will it lead to additional pressures on students by parents?
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