The most important contribution of ancient India not only for India but also for the world is in the field of education. It may also be remembered that education is not an abstract term. It is manifested in the cultural economic, individual, philosophical, scientific, social and spiritual advancement. In other words, education is the means for developing the mind for the betterment of the individual and society. Seen from this perspective, it is worthwhile, to have a look regarding the views of great scholars like: Max Muller: Vedic education is mirror of all education. Albert Einstein: “ We owe a lot to the Indians who taught us how to count without which no worthwhile scientific discovery could have made.” Mark Twain, an American Writer: “India is the cradle of the human race. Most valuable and the most instructive materials in the history of man are treasured up in India only.” Lancelot Hagen, in his publication Mathematics for the Millions: “There has bee