NEW DELHI — In a bid to streamline the nation’s healthcare system, the National Medical Commission (NMC) has proposed removing the strict "not-for-profit" requirement for establishing new medical colleges, officially clearing the path for private corporations to generate shareholder dividends from medical students.

Under the newly drafted regulations, entities setting up medical institutions will no longer need to be registered as Section 8 non-profit organizations. Instead, any standard commercial company or private trust will be permitted to open a medical college, provided they deposit a mandatory "corpus fund" with the regulator to demonstrate sufficient capital.

"For decades, private medical colleges were forced to launder their mandatory capitation fees through complex charitable trust structures just to appear philanthropic," an official from the oversight board clarified. "By allowing pure for-profit companies to enter the sector, we are removing unnecessary bureaucratic hurdles and allowing administrators to openly prioritize their quarterly earnings."

Industry stakeholders have warmly welcomed the regulatory easing, noting that the profit motive will naturally cure the disease of unaffordable medical education.

"This is a historic day for medical infrastructure," said a corporate representative whose real estate firm recently pivoted to healthcare. "We can now formally integrate our core competencies of aggressive cost-cutting and scalable monetization into the syllabus, ensuring our future doctors understand exactly whose health they are supposed to protect."