India Has a Huge Population of Uneducated Children and the Constitution Provides For Free and Compulsory Education Up to the Age of 14. the Country Also Has the Dubious Distinction of One of the Highest Levels Of Illiteracy In the World. the System of Public Education at All Levels Is In Advanced Stage of Disrepair And Disarray. Clearly, Governments Both at the Center and In the States Need to Allocate Far More Resources And Attention on Ensuring That Future Generations Are Equipped Sufficiently to Operate In a Knowledge Economy. As One Is Seeking to Provide Quality Education, the Process of Accreditation As It Exists In the Country Is Assessed. Some Indications of the Level of Public Spending on Higher Education Are Also Provided. Education Is a Trillion Dollar Industry Worldwide. Education Industry Groups Are, Therefore, Attracted By the Prospects of Liberalization And Globalization of This Industry. They Seek More International Deregulation and Generally Support Wto Efforts. As Demands For Higher Education Grow the World Over, the Governments Are Also Finding It Difficult To Provide Adequate Budgetary Allocation. For a Public Service Such As Education Gats at Doha Was a Stepping Stone So That There Is No Discrimination Against Foreign Corporations Entering the Service Market. Further, After The Fizzling of the Dot.Com Bubble, Corporations Are Looking Forward to Other Service Sectors For Investments, Education Being One of Them. Higher Education Provisioning Is Now Globalis ...