Is MBBS so value less now? Thousands of doctors are appearing for 5-6 vacancies

Is MBBS so value less now? Thousands of doctors are appearing for 5-6 vacancies…is medical profession at the verge of being saturated or it’s an illusion???

Very much of increasing the quantity at the cost of quality its true for md/ms pal true we as a whole are under employed. In orissa many doctor went for strike for lack of government jobs.

It is due to Government policy to convert every district hospital in to medical College (number of medical College count not quality)&lots of private medical colleges.So it is plane of government &beurocrats to nullify value MBBS degree (make it like MBA,LLBetc.),