You are reading it here first: A retired judge and a bureaucrat, specifically an IAS officer, will make up an external body as the second tier in a grievance redressal mechanism that edtech companies have established for regulating themselves. Sources said that the edtech platforms will be "controlled" by this Internal Grievance Regulatory Body (IGRB). In the coming days, the committee will sit for a meeting and in that meeting, the exact composition of the body will be decided. Apart from the proposed IGRB, the two-tier grievance redressal mechanism will also comprise the India EdTech Consortium (IEC) whose members include — Byju's Careers 360 Classplus Doubtnut Great Learning Harappa Times Edutech and Events Ltd Scaler Simplilearn Toppr Unacademy upGrad UNext Learning Vedantu WhiteHat Jr The IEC has been formed under the aegis of the Internet and Mobile Association of India (IAMAI) These developments come a few weeks after Congress MP Karti Chidambaram brought up the malpractices surrounding edtech companies in Parliament and asked for the government to regulate these companies. The education ministry also issued an advisory flagging dangerous practices by edtech companies. Edtech companies have also come up with Code of Conduct Apart from the two-tier grievance redressal mechanism, edtech companies have also decided that they will follow a Code of Conduct. Although MediaNama was not able to establish what specific guidelines will be included in the Code of Conduct, sources said that it will address issues such as — Aggressive marketing practices Financial services which are provided as part…
