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Nursery Fees on EMI: India’s Middle Class Faces New Crisis
Rising school fees are quickly becoming the biggest financial burden on India’s middle-class families. Ashish Singhal, co-founder of CoinSwitch and Lemonn, recently voiced his concerns on LinkedIn, calling the current fee structure “theft” and warning of a brewing crisis. “Parents are now taking EMIs for nursery,” he noted, adding that in Bengaluru, CBSE schools not international ones are charging up to ₹2.1 lakh for 3rd standar
Nursery Fees on EMI: India’s Middle Class Faces New Crisis
Rising school fees are quickly becoming the biggest financial burden on India’s middle-class families. Ashish Singhal, co-founder of CoinSwitch and Lemonn, recently voiced his concerns on LinkedIn, calling the current fee structure “theft” and warning of a brewing crisis. “Parents are now taking EMIs for nursery,” he noted, adding that in Bengaluru, CBSE schools not international ones are charging up to ₹2.1 lakh for 3rd standar









