Hey Ramesh !
Nope, it's not at all mandatory to practice in a Government Hospital for 5 years after your MBBS Course gets over. As a part of the internship, you would have to work though.
Some colleges do send the students to rural areas as a part of the rural areas but the period is quite less, it would never extend till 5 years.
Most of them send the students for Com.Med. maximum for a period of 1 month.
You can assuringly prepare for your PG exams after the MBBS or even during the MBBS
Or you can even apply to other hospital as a job.

Hope this helps.

Good Luck !

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