New Delhi: On February 7, the Ministry of Minority Affairs (MoMA) India issued an order to close down the Maulana Azad Education Foundation, without offering any explanation for the decision.
A termination notice was instructed to be given to 43 contractual employees. The Ministry of Minority Affairs also mandated the transfer of surplus funds to the Consolidated Fund of India.
The Maulana Azad Education Foundation possessed assets valued at Rs 1073.26 crore as of November 30, 2023, alongside liabilities amounting to Rs 403.55 crore.
According to the directive, the assets are to be transferred to the Central Wakf Council, which will take on the administrative responsibility for the affected employees.
The MAEF was for the upliftment of minority community members. According to the NewsClick report, one had to be of the six minority groups which are Muslims, Christians, Sikhs, Buddhists, Parsis and Jains to receive the benefit.