Medical seat donation may touch Rs 80 lakh

Posted On: 28/04/2012 Updated On:

The donations for MBBS seats in private colleges have shot up astronomically this year, thanks to the highest ever number of applications submitted by Eamcet medical aspirants. As many as 1,220 MBBS seats are available in the management quota in 23 private medical colleges in the state. The managements had mopped up Rs 610 crore last year through donations, with each seat selling for a whopping Rs 50 lakh. This year, the revenue is all set to cross Rs 1,000 crore due to high demand for MBBS seats.

The managements, which charged donations ranging from Rs 40 lakh to Rs 60 lakh for an MBBS seat last year, are now demanding Rs 60 lakh to Rs 80 lakh per seat. Eamcet medical applicants have crossed 95,000 this year, the highest ever in the history of Eamcet. The government is set to conduct Eamcet on May 12.

The total number of MBBS seats in the state available in 37 medical colleges is 4,950. Of these, 1,900 seats are on offer in 14 government medical colleges, which are filled on merit secured in Eamcet. The remaining 3,050 seats are available in 23 private medical colleges.

The private colleges are allowed to fill 40 per cent of their total seats on their own, totalling 1,220 seats under the management quota, by duly following transparent procedures and merit secured in 10+2 exams. However, it is an open secret that the managements “auction” the seats and give admissions to the highest bidder.

More News

AP ICET 2023 Result Date: How to check scores

AP ICET 2023 Results: The Andhra Pradesh State Council of Higher Education (APSCHE) is likely to announce the results of the AP Integrated Common Entrance Test (AP ICET) today. Students who appeared for the exam can check their results on the of...

Posted On: 08/06/2023

NEET UG 2023: Results by next week,NTA assures parliamentary committee

NEET UG 2023 date: The National Testing Agency (NTA) will release the scorecards for the National Eligibility cum Entrance Test (NEET) UG 2023 by the second week of June, The Indian Express has learnt. Once released...

Posted On: 07/06/2023

Assam to scrap Class 10 board exams from next year, state CM announces

The Assam Chief Minister Himanta Biswa Sarma has announced that the Secondary Education Board of Assam (SEBA) will not conduct Class 10 (HSLC) board exams from next academic year. As per the official announcement, from now on, the Madhyamik level exa...

Posted On: 06/06/2023

Tripura TBSE announces Madhyamik and HS board exam results, pass rate in Higher Secondary dips

TBSE Tripura Madhyamik, HS Results 2023: Results of both Class 10 and 12 board examinations conducted by the Tripura Board of Secondary Education (TBSE) were declared on Monday with 86.02 per cent and 83.24 pass rate registered in the two segmen...

Posted On: 05/06/2023

Maharashtra Board SSC 10th Results 2023 Live: 151 students scored 100%, result available at mahresult.nic.in

Maharashtra SSC 10th Results 2023 Live Updates: The Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE) declared the results for Class 10 board examinations 2023 on June 2 at 11 am. However, the resu...

Posted On: 02/06/2023

Rajasthan Board RBSE 5th Result 2023 Live: Result out at rajshaladarpan.nic.in, 97.30% students passed

RBSE Rajasthan Board 5th Result 2023 Live Updates: The Rajasthan Board of Secondary Education (RBSE) announced the results of Class 5 final exams 2023 today (June 1). Students who appeared for the exam can check their results at the of...

Posted On: 01/06/2023

Odisha +2 Results 2023 Updates: Official website orissaresults.nic.in down; why has pass percentage dropped?

Odisha Class 12th Result 2023 Live Updates: The Council for Higher Secondary Education (CHSE) Odisha on May 31 released the Class 12 results. Students will be able to check their scores at the official websites – chseodisha....

Posted On: 31/05/2023

CUET UG 2023: 73.33% out of 1.49 lakh appear on Day 4

CUET UG 2023: University Grants Commission Chief M Jagadesh Kumar Monday (May 29) shared figures from Day 4 of the Common University Entrance Test (CUET) UG 2023. The total number of candidates scheduled was 1,49,900 and the attendance...

Posted On: 30/05/2023

UPSC Civil Services Prelims Exam 2023: Increased difficulty level may result in lower cut-off, say experts

The UPSC conducted the Civil Services 2023 Prelims exam on May 28. As per experts, the question paper was a mixed bag of moderate to difficult questions. However, most students found the paper to be difficult and time-consuming. Praveen ...

Posted On: 29/05/2023

CUET UG 2023: NTA releases admit cards for May 29-June 2; steps to download

The National Testing Agency has released admit cards for the upcoming exam dates of the Common University Entrance Test, Undergraduate (CUET UG) 2023. Registered candidates can now check and download their admit cards from the official...

Posted On: 27/05/2023

View all