The committee in its report, which was recently submitted to Rajya Sabha, called upon the government to exercise its constitutional authority and take decisive action to restructure and revamp India's regulatory system of medical education and practice.
"Due to massive failures of the MCI and lack of initiatives on the part of the government in unleashing reforms, there is total system failure due to which the medical education system is fast sliding downwards and the quality has been hugely sidelined in the context of increasing commercialisation of medical education and practice," the report said.
It also failed to maintain uniform standards of undergraduate and postgraduate medical education.
"There is devaluation of merit in admission, particularly in private medical institutions due to prevalence of capitation fees, which make medical education available only to the rich and not necessarily to the most deserving," the Committee said.
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The MCI failed in setting up of medical colleges in the country as per need, resulting in geographical mal-distribution of medical colleges, with clustering in some states and absence in several states, acute shortage of medical teachers and abysmal doctor-population ratio, the panel said.
It also failed to instill respect for a code of ethics in the medical professionals and take disciplinary action against doctors found violating the code etc., the report said.
The Committee simultaneously observed that the onus of failure of medical education system and imbalanced in the distribution of medical colleges across states cannot be laid exclusively on MCI. The successive governments have also their share in it.