Any government has certain primary duties to the citizens. Security of the nation, providing the people education, health, affordable means of livelihood and so on. The list grows as the government is more and more following the dictum of being a government of the people, by the people, for The people.
The law of demand and supply is a direct consequence of the primitive concept of the early industrialisation days. This principle is "laisser fairs", that is, to allow the economy of the country and the people to reach equilibrium through mutual actions and reactions which are not often equal in economics.
In the modern world, education has also become a very profitable industry. When lakhs or students, even this is only a minute fraction of our student population, want to become doctors or engineers and The available seats in medical colleges and universities and IITs are Just a few
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