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The history of Indian education is rich, varied, and dates back to the haydays of the Nalandas and Takshashilas. However, the system has proliferated and become too vast, cumbersome, archaic, and irrelevant in comparison to the needs and aspirations of young Indians, in particular; and requirements of globalism in general. The policy makers cannot afford to rest on past glories and laurels as our structures have ossified. It is difficult to implement functional changes in tune with the changing realities of our knowledge economy. India needs to revisit, review, reform, and rejuvenate systems, policies, practices, and thinking in the sphere of higher education to reduce inequalities of class, caste, gender, region, and age for inclusive and holistic development.
We need to retain our traditional sound practices of early and systematic entry into schools and colleges with target-based examination and evaluation patterns that making learning funing not burdensome to the learner to keep pace with new technologies of teaching-learning beyond the traditional'Chalk-and-talk' marks determined systems of showing high enrollment ratios and mass targets to quality reforms that are adapt with new student-friendly techniques. Examination and evaluation patterns need to focus on graded, credit-determined subjects that enhance the skills and applications of learning; thereby resulting in the absorption of students into The world of work. Also, entrepreneurial skills and capabilities for self-employment require to be in-built into our system of higher education in order to reduce future mis-matches between the demand and supply of labour, along with smooth entry into the world of work. Additional foreign launguage and soft skills need to be honed to better our own system for domestic students, as well as the international community. In the quest of this perfect market-matching, the business, value, ethics, and simplicity of education needs to be retained and cherished for a unique Indian brand to be evaluated in a globalizing world.

Keywords

Past Glories and Laurels, Revisit, Reform, Rejuvenate, Knowledge Economy.
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