The future of nearly 10 Lakh Intermediate students of the new state of Andhra Pradesh is gloom as the AP Board of Intermediate Education (APBIE) is crippled in financial woes. The Telangana State Board of Intermediate Education (TSBIE) has asked all the bankers to freeze the APBIE accounts citing the order of High Court of Judicature at Hyderabad in the AP State Council of Higher Education matter.
With this, banks have frozen accounts of the APBIE making it lurch for funds. As a result, AP is facing a crisis with results being only recently announced and students waiting for their marks memos. Without access to funds, the Inter Board is crippled since it can’t pay salaries or print memos and certificates.
Funds to the tune of Rs 109 crore of the erstwhile BIE were already divided between the Andhra Pradesh and TSBIE according to the population ratio. But in the last month, the Hyderabad High Court had ruled that the APSCHE and all its assets in Telangana belong to the TS government and the Telangana State Council of Higher Education. Though APBIE is trying its best to overcome this hurdle, banks are not budging to its requests.
Given that the future of 10 Lakh inter students is involved, APBIE has to issue mark memos to students which is crucial in admissions and counselling sessions for Eamcet, IIT JEE, AIEEE. “We have made certain arrangements beforehand. But funds are important issue. We are asking banks to at least release some amount since it concerns 10 lakh students.
But they are not even responding,” a senior official of the APBIE said. The Intermediate body is of the opinion that the High Court judgement pertains only to the APSCHE and can’t be applied to every institution. APBIE is now mulling legal options to get out of the tangle.
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