Philippines

Hi Rahul,
The priority order can be as follows:
1. MBBS from India (from a good medical college)
2. MBBS from Philippines (from a good medical college)
3. BDS from India
First of all you can give priority to MBBS course as there is a need of good medical professionals in India and abroad.
Secondly, it's important to choose a good college whether in India or Abroad as the Indian government is very soon planning to implement an exit exam for doctors in India before they start practice and go for PG in India. The objective is to improve the quality of education in Indian colleges as except for a few colleges our medical education system needs drastic improvement.
Doing MBBS in Philippines can have an added advantage as you can prepare yourself for USMLE and try to gain residency in USA. But choose good universities.
Hope this helps. To get admission assistance for MBBS abroad you can check my profile.

Hi Venkatesh,
You can choose any country, but more important is the university you choose.
Secondly, don't be misled by agents who promote South America as gateway to USA. Even if you are doing your clinical training in USA along with studies in South America, you will have to crack USMLE to get residency in USA. It is extremely difficult.
In Philippines, very few universities have good standards of education. First, you are admitted to pre medical program of 1.5 years after which you get admission to 4 year MD program but to be promoted to MD, you need to clear an entrance exam NMAT with minimum 40%. Most of the universities are private. You can read about the universities here: http://edificeeducation.com/mbbs-in-philippines
Russia is home to some of the best medical universities in Europe. Some universities have over 100 years of expertise in teaching medicine. These universities facilitate English medium of instruction for international students. Russian language is taught to you from basics though your curriculum is in English. Here is a list of best medical universities in Russia: http://edificeeducation.com/mbbs-in-russia
So, if you need affordable education in government universities, Russia is the best bet.
Admissions are open for September intake. You can register here for free admission guidance: http://edificeeducation.com/free-consultancy
For any further questions, you can always write back.
All the best.