The society shall be called the People's Education Society and shall be managed and administered by the Buddhists. The office of the Society shall be at Bombay or at such other place as may be decided from time to time. The aims and objects of the society shall be to provide facilities for education, secondary, collegiate, technical, physical, and the like; to start, establish, conduct, and/or aid educational and Buddhist religious associations such as schools, colleges, viharas, hostels, libraries, playgrounds, Buddhist Institutes, etc., at suitable places in the State of Maharashtra as well as any other parts of India; to provide facilities for the education of the poor and the Buddhists; and to create and foster general interest in education among the Scheduled Castes and Buddhists who are converted from amongst the Scheduled Castes, and in particular to give them special facilities, scholarships, and freeships for higher education.