Prof. B Ramesh Babu
Education in every sense is one of the fundamental factors of development. No country can
achieve sustainable economic development without substantial investment in human capital.
Education enriches people’s understanding of themselves and world. It improves the quality of
their lives and leads to broad social benefits to individuals and society. It is one of the largest
activities in the world. It is as important as any resource is for a nation’s economic and
industrial development because it is the key to human resource development. Through
education we can achieve knowledge and information, which is power and this power, is very
essential for the development of personality of individuals as well as the nations. It raises
people’s productivity and creativity and promotes entrepreneurship and technological
advances. In addition, it plays a very crucial role in securing economic and social progress and
improving income distribution.