In a stern measure to prevent its medical and para medical students from opting out of service on completion of their studies, the Armed Forces Medical College (AFMC) has hiked the exit bond up to Rs 30 lakh.
The bond amount has been revised from the existing Rs 15 lakh to Rs 25 lakh for MBBS students. For postgraduate and super-specialty candidates, the exit bond money will now be in the range of Rs 5 lakh to Rs 30 lakh, as against the prevailing Rs 5 lakh to Rs 25 lakh range.
The AFMS had moved the proposal to the MoD during AY 2012-13 to check the tendency among students to opt out of the armed forces after their studies.
The bond amount has been revised as students found it convenient to pay a relatively lesser amount and move to the more lucrative individual medical practice or join a private sector medical facility.
The revised bond money structure covers other ranks, nursing staff, medical and dental undergraduate (UG) and postgraduate (PG) trained students and those completing their super-specialty studies.