The Supreme Court in its ruling yesterday had allowed self-financing medical colleges in Kerala to charge students Rs 11 lakh as annual fee, including Rs six lakh as bank guarantee.
Vijayan made the appeal in the wake of mounting anxiety among students and their parents over the apex court order.
"The government is with the students and their families who are suffering after the verdict," he said adding, it would take all possible measures to ensure that meritorious students do not lose a chance to study at medical colleges.
He said four medical colleges under the Christian managements and Pariyaram medical college in the cooperative sector had already informed the government that they would not insist on bank guarantees.
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"Other private self-financing institutions should also cooperate, considering the plight of the students in this regard. It is a fact that economically backward students cannot afford to pay this fee," Vijayan said.
The Chief Minister said the apex court had asked the state fee regulatory committee to fix the fees.
A group of Youth Congress activists waved black flags at state Health Minister K K Shylaja, demanding her resignation for allegedly messing up the admission process at self- financing medical colleges.
The opposition Congress-led UDF is on a warpath for the past two weeks, demanding Shylaja's resignation over the issue that had also rocked the recently concluded Assembly session.
BJP state president Kummanom Rajasekharan slammed the state government over the issue, saying the LDF government cannot absolve itself from responsibility of the current situation.