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KALA DHAN: IN MEDICAL EDUCATION: INDIAN BLACK MONEY IN MEDICAL EDUCATION

 
 
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KALA DHAN: IN MEDICAL EDUCATION: INDIAN BLACK MONEY IN MEDICAL EDUCATION
by System Administrator - Thursday, 11 February 2016, 2:32 PM
 

By : M.S.Yatnatti: Editor and Video Journalist Bangalore :HRD ministry and PMO and Finance Ministry did nothing about kala dhan in medical education. Reportedly Rs 12,000 crore is estimated the scale of the black economy in medical seats. It is due to largely to a massive expansion in private medical education in the 15 years from 1996 to 2010. MCI was established in 1934 under the Indian Medical Council Act 1933, later replaced by the 1956 Act of the same name. Though conceived as an advisory body to the government on matters related to qualification and registration of medical practitioners, the council has acquired greater powers over time through amendments of the Act. The crucial one was in 1993, by which a new section 10A was introduced laying down stipulations for establishment of new medical colleges and courses of study .With this, MCI gained complete control over the process of establishing new medical colleges, and state govern ments, which played a larger role earlier, were reduced to just issuing no-objection certificates. This was followed by regulations brought in by the council to implement section 10A, by which curriculum and faculty requirements came under its purview and gave it the power to inspect colleges.The years since then have seen private entrepreneurs setting up colleges as business ventures. Between 1996 and 2010, 114 private colleges were opened and their total number jumped two and half times. Thus, private colleges came to account for more han half the medical colleges n the country. In the first decade of this millennium (200009), 91 private colleges were opened, compared to just 62 rom independence till 1999.

Reportedly Kala dhan is created by the people who do not pay tax for their earnings.In India, Black money refers to funds earned on the black market, on which income and other taxes have not been paid. The total amount of black money created in corruption deals is unlimited and quantum is unknown. Effective and credible deterrence is necessary in combination with reforms, transparency, simple processes, elimination of bureaucracy and discretionary regulations. Credible deterrence needs to be cost effective, claims the report. Such deterrence to black money can be achieved by information technology (integration of databases), integration of systems and compliance departments of the Indian government, direct tax administration, adding data mining capabilities, and improving prosecution processes. Time is ripe for political parties taking sincere approach on such issues. The irony is that the politicians and their crony capitalists have the bulk of the black money which they liberally use during the elections when the Election Commission and other bodies remain helpless. The elections in the country have down-graded to battle of money-muscle power.

Reportedly Corruption in India is a major issue that adversely affects its economy. A study conducted by Transparency International in year 2005 found that more than 62% of Indians had firsthand experience of paying bribes or influence peddling to get jobs done in public offices successfully.In its study conducted in year 2008, Transparency International reports about 40% of Indians had firsthand experience of paying bribes or using a contact to get a job done in public office.In 2015, India was ranked 76th out of 175 countries in Transparency International's Corruption Perceptions Index, compared to its neighbors Bhutan (30th), Bangladesh (145th), Myanmar (156th), China (100th), Nepal (126th), Pakistan (126th) and Sri Lanka (85th). This is the second least corruption rank for India in the whole of South Asia.In 2013, India was ranked 94th out of 175 countries.In 2016, India was ranked 76th out of 168 countries in Transparency International's Corruption Perceptions Index