“It was then that the teachers got into the act. V Rajasekharan Nair took Rs 2 lakh as loan from a service cooperative bank, for which five others stood surety. The other 80-odd teachers of the 3,200-student school combined to put in Rs 1.33 lakh most of it from Provident Fund (PF) loans. Malini Devi borrowed Rs 50,000 from a relative's fixed deposit, recalls the principal.”
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