US-bound docs to submit Rs 5L Bond, 2 sureties

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New Delhi: In a move that will help retain Indian doctors, the government has decided that any doctor going to the US for higher medical studies will have to submit a duly attested surety bond of Rs 5 lakh before leaving and honour the document by returning to India after finishing the study period.
Students will also have to give two sureties — one from a close relative who is a citizen of India and based in India, furnishing information about himself herself, and the second from a gazetted officer posted in India under the Central or the state government, with seven years of service left.
The Rs 5-lakh surety bond, with interest at 12 per cent per annum from the date of demand, will be invoked if a candidate does not return to India within three months of completion of training.
Surety bond to be attested by magistrate
According to the new guidelines to be followed by students going to the US for higher medical studies,  the surety bond and the sureties will have to be duly attested from the notary public or the area sub-divisional magistrate in India. “The surety bond will be executed by the applicants on a non judicial stamp paper of Rs 100,” reads the document.
In the last three years, over 3,000 doctors went abroad for studies and did not return, data of the Union health ministry said.

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