Education and health are two basic requirements of human beings, so that they may be able to live a life of dignity. It is the responsibility of government to ensure education and health facilities to , even the poorest of the poor.
For this purpose, either the government should itself provide these services through government schools, colleges and hospitals or encourage private sector participation in these sectors.
As India has a vast population which still lacks healthcare and education. It does not seem feasible for government alone to fulfil the requirement in these sectors due to lack of resources.
Hence, private sector is allowed to operate in these sectors. But private sector works with profit as the primary motive and so, if government does not regulate the fee structure in education and healthcare institutions, the fee may become too high to be in affordable limits of common people.
This will defeat the purpose of these facilities altogether and hence, government must intervene and regulate the fee structure of even the private institutes in education and health care sectors.