No I am not joking, no doubt it sounds truly “economical” and leaves medical aspirants rubbing their eyes in disbelief. But if the news sources are to be believed, it may soon be a real option with ESI Corporation proposing such a fee structure for no less than 10 medical colleges it is planning.


The ESIC is planning this move because of a serious shortfall of doctors in ESI hospitals. The proposed number of 10 such colleges might well go up to 20 in the future. The ESI scheme is for welfare of workers and is fed by contributions from employers and employees.

All of you must be thinking how can any medical college manage in such a small fee when most of the Delhi’s schools charge more than this amount for even primary classes. This is because the ESI Corporation is proposing a bond of five years for graduates who will have to serve in its hospitals in lieu of inexpensive education fees. The entire cost will have to be reimbursed in case of those who leave in the bond period.

The ESI colleges will be a big addition in the field of medical education. According to government figures, there are 271 medical colleges of which 130 are government colleges while 136 are private. The total intake of students per year is 30,400.