(This paper was presented in the National Seminar - "Quality Assurance and Practices in Higher Education – Issues an Challenges” Sponsored by NAAC, Bangalore held on 26th & 27th September 2013 at Kakatiya Government College , Hanamkonda, Warangal District - AP - India ) (This paper was published in the book "Quality Assurance Practices in Higher Education - Issues And Challenges" Published by "notionpress.com" With ISBN 978-93-83808-31-1. This Author is the Member in the Editorial Advisory Board of this Book) Today there is a general feeling that the moral, social and political standards in the country, and the great values of life are fast deteriorating. This situation has manifested into widespread violence, terrorism, corruption, gender injustice, communal clashes and various unpatriotic acts. In short, India is currently facing a crisis-of-character. If our cou