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Synopsis Higher education is a place where old knowledge is maintained and efforts are made to improve the old knowledge through research. During the last 200 years the quantum of knowledge had doubling every 20 years. Under these circumstances it is the moral obligation of the institutes of higher education to retain the knowledge and to help in the process of the creation of new knowledge. Any Civilization can survive only on he basis of knowledge and scientific skills. If civilization has to survive in the modern scientific and technological world then the institutions of higher education will have to handle this function of creation of new knowledge and skills very wisely and efficiently. The developing countries like India need new scientific and technological knowledge for its faster development, they lack resources for research and development. In India the institution of the university Grants Commission is entrusted with this onerous responsibility of maintaining and developing higher education. The institutions of higher education also need to have talented personnel for this work. The institutions of higher education need to have sufficient funds for the recruitment and training of University Teachers.