The city’s Panel for Educational Policy approved the Department of Education budget allocation formula last night, even as parents, teachers, and some panelists said the formula was harming schools.

After two tumultuous years of school-based budgeting, the city’s Department of Education has abandoned the formula it created to allocate money fairly. When Mayor Bloomberg took over the school system ...

Experts and activists urge formula-based allocation of State grants for Bengaluru's city corporations amid government's ...