The Financial Express unveiled that India has given green signal to the private-sector healthcare companies for starting medical colleges, as every year, medical aspirants face the shortage of seats and are denied admission.

According to an official notification, The Medical Council of India has allowed hospital chains such as Fortis Healthcare, Apollo Hospitals and Max Healthcare to start medical colleges. MCI is a state body that controls the sector and registers doctors.

Although, only private religious or charitable trusts, state-run bodies and universities have been allowed to set up their medical colleges, as of now.

The companies who plan to set up the medical colleges in large cities have been granted relaxation in land requirement norms by the MCI.

Thousands of medical graduates fail to pursue higher education as there are a mere 13,500 post-graduate medical seats in India. They go overseas to pursue further studies.

India’s cabinet also approved a plan of allowing foreign universities to set up their campuses in India, earlier this week, to bring an improvement in the educational sector.

This will definitely cease Indian students from going to foreign countries as thousands of students fly to universities in the United States, Britain and Australia every year to pursue further studies.