Ruling Shiv Sena legislator Mahesh Shinde alleged on Wednesday that there have been financial irregularities in the Maharashtra Fees Regulating Authority (FRA) over the last eight years. The FRA, which determines fees for students in higher and technical education in the State, is involved in corruption to the tune of ₹40,000 crore, Mr. Shinde claimed in the Assembly. Responding to the allegation, Higher and Technical Education Minister Chandrakant Patil said that a panel of retired judges will conduct a probe. Speaking during the Zero Hour, Mr. Shinde accused the FRA officials of colluding with college managements to set fees at higher rates, with fees in some cases set as high as ₹1.5 lakh, even though the appropriate fee was ₹75,000. “I have evidence of these transactions on a pen drive,” he said, adding that 30% of the additional amount collected was transferred to officials as “commission”. ‘Wasteful expenditure’ Citing information from a CAG report, he pointed out that a contractual data operator with the FRA was receiving a monthly salary of ₹90,000, describing it as a “wasteful expenditure”. Meanwhile, Mr. Patil said the government would examine the matter and, if the allegations were found to be true, it would have to return the money to the parents. “[Mahesh] Shinde has provided examples. The fee determination committee is headed by a retired High Court judge. A probe requires a committee of a similar level. We will appoint a committee of retired judges to investigate,” Mr. Patil said. The Minister added that if a scam of such magnitude was established, a special investigation team would be constituted and an FIR would be filed. He said the order for the probe would be issued in a day or two and asked Mr. Shinde to submit the evidence in his possession. Published – March 12, 2026 01:01 am IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation Court grants bail to couple accused of racial abuse NIA custody of two held in Red Fort blast case extended