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The rule will come into effect from the next academic year said Medical education minister K Sudhakar replying to a question by ruling BJP member N Ravikumar.
Explaining the modus operandi, the minister said private medical college managements get meritorious candidates clear the National Eligibility cum Entrance Test (NEET) and block seats by paying the fee to the Karnataka Examination Authority (KEA). They surrender them after the final mop-up round of counseling.
The surrendered seats are later added to the management quota of private medical colleges which sell them for huge sums of money.