Education being an essential investment in the development of human resources is quite vital to the nation building process. In this regard quality has been one of the major concerns of education across all levels. With the globalisation of economy demand for quality education has become all the more prominent. Presently different sections of the society in any part of the world do not have an equal access to education especially in the developing and under-developed countries so much so that inequality in the distribution of earnings and inequality in access to education form an unabated vicious circle forcing every nation to set the clock right.