Teachers in government colleges in Maharashtra may soon have to declare their assets as the state is formulating a policy in this regard.

"We are planning a policy (on asset declaration by teachers), but it is yet to be finalise," said J S Sahariya, principal secretary at the higher and technical education department.

The initiative was taken after a Bombay High Court judgement last year seeking details of properties owned by the teachers in the state.

Once the policy is in place, the teachers would be asked to give in writing details of the property owned by them at the beginning of every academic year. They will also have to mention whether they are earning money through teaching in coaching classes or giving private tuitions, the official said.