EducationTimes of India
Fees at non-profit medical colleges not regulated, among highest
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National Medical Commission's 2023 regulation allowed only Section 8 companies (non-profit) to set up medical colleges.
An amendment now permits all companies under the Companies Act, 2013 to establish medical colleges, reversing the earlier restriction.
Vedantaa Institute of Medical Sciences, a private limited college set up by Vedanta in 2017, charged Rs 15.7 lakh for management seats in 2025, among the highest fees.
Deemed university medical colleges, run by trusts and societies as non-profits, have the highest fees and are not regulated by any fee authority.
The Supreme Court has ruled that education must be non-profit, allowing only 'reasonable surplus', but enforcement remains weak.