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Globalization has not only increased completion in world economics but also with in and between the
education system. Policies and strategies that drive educational reforms have been adjusted to the new realities
by creating structures in education systems that allow assessing comparing and rank ordering national and
regional education performances. India is a low income developing country. There is no doubt that nearly one
fourth of its population lives in conditions of misery. Poverty is not only acute but is also a chronic malady in
India.
Meaning
Education for the knowledge based economy has become a buzz phrase in education policy discourse
throughout the developed world and the transition economies but also increasingly in developing countries.
Typically, education reform that is targeted on serving knowledge based economics emphasizes mathematics
and science, information and communication technologies, basic knowledge and skills in literacy and
development of interpersonal skills. More over a successful knowledge economy also requires advanced
secondary and tertiary education provision able to boost labour productivity, research and innovation.
Education – classification
A need quality Education is today’s need as it is the development of intellectual skills and knowledge
which will equip learners to fulfill the needs of professionals, decision makers and trainers.
The term education is a part of learning which in one sense or another, under the control of men, with
the degree of control varying according to circumstances. Therefore the education can be divided into various
kinds.