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H EALTH AND RELATED SERVICES 155<br />

Government of India acting through the Secretariat<br />

for Industrial Assistance and the Department of<br />

Industrial Policy and Promotion. 25 The Reserve Bank<br />

of India under the Foreign Exchange Management Act,<br />

1999, regulates the flow of foreign exchange into and<br />

from India.<br />

Investment in specific sectors requires prior<br />

government approval, while a number of sectors are<br />

open to foreign direct investment under the automatic<br />

route. Under the automatic route no prior<br />

approval of the Government or Reserve Bank of India<br />

is needed to undertake an investment into the Indian<br />

venture. The investors are required to only notify the<br />

regional office of the RBI within 30 days of making<br />

the investment.<br />

Hundred per cent FDI under automatic route is<br />

allowed in hospital sector in India. 26<br />

Domestic Regulations Regarding Qualification<br />

and Licensing Criteria for Medical Practioners<br />

and Dentists and Nurses<br />

Regulatory Authorities: The Medical Council of India<br />

established under the Indian Medical Council Act,<br />

1956, is the regulatory authority for medical<br />

practitioners in India. Only persons holding degrees<br />

and qualifications recognised by the Medical Council<br />

of India and registered with the Council can practice<br />

the profession of medicine in India.<br />

The Dental Council of India established under the<br />

Dentist Act, 1948, is the regulatory authority for<br />

dentists in India. Only persons holding degrees and<br />

qualifications recognised by the dental council of India<br />

and registered with the Council can practice the<br />

profession of dentistry in India.<br />

Recognition of Foreign Qualifications and<br />

Reciprocal Arrangements<br />

Medical Practitioners: Section 12 of the Indian Medical<br />

Council Act provides that medical qualifications<br />

granted by medical institutions outside India which are<br />

specified in Schedule II to the act, shall be recognised<br />

as medical qualifications for the purposes of the Act.<br />

Degrees from specified medical colleges and universities<br />

in Bangladesh, Nepal, Pakistan and Sri Lanka, have<br />

been listed in Schedule II to the Indian Medical Council<br />

Act. These are listed below:<br />

SAARC Degrees Specified in Schedule II<br />

Countries<br />

Bangladesh MBBS from<br />

Chittagong University<br />

Dhaka University<br />

Rajshahi University<br />

Nepal MBBS from<br />

Tribhuvan University<br />

B.P. Koirala Institute of Health Sciences, Dharan<br />

Manipal College of Medical Sciences, Pokhra,<br />

Kathmandu University<br />

Pakistan LMS, MB, MBBS, MD and MS from Punjab<br />

University<br />

LMS from Punjab State Medical Faculty<br />

Sri Lanka LMS from Ceylon Medical College<br />

• Certain other degrees from other universities in Bangladesh,<br />

Nepal, Pakistan and Sri Lanka are also recognised<br />

provided the applicant is an Indian citizen. 27<br />

• In order to notify a foreign college in Schedule II<br />

to the Indian Medical Council Act, the Medical<br />

Council of India needs to enter into negotiations<br />

with the relevant authority of the foreign country<br />

and set up a scheme of reciprocity for recognition<br />

of medical qualifications. 28 This provides the<br />

potential basis for negotiations with other SAARC<br />

countries for recognition of qualifications.<br />

• The medical council of India also recognises<br />

medical practitioners having medical degrees<br />

granted by medical institutions in countries with<br />

which India does not have a reciprocal agreement,<br />

if the following conditions are satisfied 29 :<br />

– Such persons are enrolled as medical practitioners<br />

in accordance with the law regulating<br />

the registration of medical practitioners for the<br />

time being in force in their country;<br />

– Such persons can work with an institution in<br />

India for the purposes of teaching, research or<br />

charitable work; and<br />

– The duration of such persons medical practice<br />

in India shall be limited to the period specified<br />

in this behalf by the Central Government by<br />

general or special order.<br />

25<br />

www.dipp.nic.in<br />

26<br />

Press Note No.2 (2006) Series, DIPP<br />

27<br />

Section 13(3), Medical Council Act read with Part II of Schedule III, which includes degrees such as MBBS(Dakha),<br />

MBBS(Karachi), and MBBS(Ceylon)<br />

28<br />

Section 12(2), Indian Medical Council Act.<br />

29<br />

Section 14(1), Indian Medical Council Act http://www.fdiworldental.org/resources/assets/facts_and_figures/2000/INDIA.PDF<br />

for further details

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