KATHMANDU: Private schools need not fear a phase out as rumored.

Future of private schools is not endangered as the constitution has accepted the three-pillar economic policy envisioning a socialism-oriented nation, according to Krishna Bahadur Mahara, speaker of the House of Representatives.

However, he insisted that all sides should cooperate in the process of regulating private schools and in raising the quality of community schools. Mahara was speaking at the 14th national convention of the Private and Boarding Schools’ Organization of Nepal (PABSON) here today.

“Education and health should be the state’s responsibility but it is not possible to phase out the private schools in the near future. At present, the state should move towards prosperity by encouraging the private sector as well,” he said.

The speaker informed that he has urged the government to bring the Federal Education Act only upon consultation with stakeholders.