The school will be modelled on Bhubaneshwar-based Kalinga Institute of Social Sciences (KISS), which is considered as the biggest residential institute in South Asia imparting education to students from kindergarten to post graduate level involving around 20,000 tribal students.
Initially around 300 children will be given admission in the current year in the school, which will be managed and maintained by KISS.
Officials said the school will impart education to 1,200 students and it would have classes from 1st to 12th standard. The age of admission in Class I would be six years.
KISS founder Samanta and senior officials of the institute were also present on the occasion.
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Dikshit had visited the institute in Bhubaneshwar in 2011 and felt a similar school should be opened in Delhi.
The city government would spend Rs 5,000 per month on each child for five years. Afterwards, KISS would take care of all the expenses.
Recounting her visit to KISS, the Chief Minister spoke about her feelings when she first saw 20,000 children from 62 tribes standing in a disciplined manner to greet her.
"It was unbelievable," she said, lauding Samanta's efforts in creating a "slice of heaven" for poor tribal children where each one is given food, accommodation, health care and education from KG to post graduate level free of cost.