Now a cost for medical Post graduate seat is 1.7 crores!!

Planning to make career in the medical field; get ready to pay hefty amount for a medical seat. A source has reported that "A postgraduate radiology medical seat in a private medical college sold out for Rs. 1.7 crores in Navi Mumbai and another seat sold out for Rs. 1.3 crores." There is a major change seen in the capitation fees of 40% over last year. Paradigm of preferences of medical students is changing now as more and more students are focusing on the subjects like radiology and orthopedics instead opting for the all time favorite pediatrics and gynecology.

Medical sorority was in shock at the time of transaction and is worried about the quality of doctors. Now it is feeling handicapped in the face of such monopoly of medical colleges. It indicates a change that now students want to earn a quick bread as the income of a radiologist starts from Rs. 1-1.5 lakh/month as a practitioner, depending on the location of his/her diagnostic center, equipments, and clientage in the market. The demand should also outperform the supply.

It is also declining the number of availability of seats, as in Navi-Mumbai belt there are just 22 radiology seats in government medical colleges and half of that in private colleges for thousands of contenders. The number of government seats in orthopedics and gynecology is 36 and 26. Now prepare yourself, either pay the hefty amount for a private medical college or try to obtain the seat in government medical college.

Source: Richha Bhatnagar
Date: 18th August, 2011