Investment in human capital is a critical part of every country‘s strategy for development even for India.With the increasing pace of technological advances and globalisation rapidly taking over; India is all set to become the next hub for economic growth. Adding to this is a young population with an average age of 29 years, which puts India at an advantage. But is India‘s human capital prepared to face the challenge? The role of education is crucial in this aspect, and it is high time that we rethink our approach towards necessary education policies. The focus here is on basic school education as it lays the foundation for an individual‘s future and career and is also facing some severe problems. For a long time, the education sector has been facing many challenges in terms of poor infrastructure development, limited investment and a shortage of trained teachers. The need of the hour is to push potential investment in the education sector in order to build the digital infrastructure and provide quality education. Education in India has recently earned worldwide attention not only from educationists, but also from researchers, entrepreneurs, technologists, innovators, investors, international agencies and the government. Innumerable interventions are being designed and implemented on a daily basis to improve the quality of education in the country. Education is among the Top Five Fastest Growing Commodities in terms of consumer expenditure in India, and consumption expenditure towards education is growing at a CAGR of 6.3%. With a growing disposable income, the spending power of the Indian consumer is increasing day by day. Considering the importance given to education by an average Indian consumer coupled with the growing demand for advanced skills in the job market, the proportion of individual income towards education is poised to increase going forward.