Monday, September 13, 2010

DRDA offers to buy Telugu Academy books

Help is flowing in for the fund-starved Telugu Academy after some corporate institutions' alleged piracy of its Intermediate textbooks came out last week. With the state government and the minister for higher education, Sridhar Babu supporting the academy, another government body, District Rural Development Authority (DRDA) has offered to purchase a part of the academy's stock of textbooks which were not purchased by corporate institutions. The first purchase by the body will be worth Rs 2 crore.

The DRDA is a state project set up to offer free and compulsory education for Intermediate students from rural areas with poor economic status. According to Telugu Academy sources, the DRDA has agreed to buy 4,000 bundles of textbooks for the students who are covered under the programme at first. More stock will be bought as and when the government sanctions come.

The Telugu academy officials had earlier revealed that they had a loss of Rs 8 crore in the academic year 2010-11 alone as corporate institutions, private colleges and small-time publishers printed pirated editions of their textbook content and supplied it to junior colleges across the state. The academy recently, lodged a case against Nishit Multimedia India Pvt Ltd, a Narayana Group of Institutions owned-publishing company for allegedly pirating their books.

Full report here Times of India 

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