Do we know the difference between knowledge and wisdom? Is there a need to know the difference between them? Are we well equipped to handle the vagaries of existence with what is known to us? Knowledge means all that we acquire from what we read, hear or see. Wisdom means the ability to choose from what is available to us and then use it for our own benefit. Today, the world has started talking about the value based education What does it mean? In simple terms it means two things. First, it accept that current education has badly let down. Secondly, it lays stress on values, and hence wisdom, instead of mere knowledge. How do we acquire this value based education? The answer is simple- we need education only to make us to live better and more joyously. Once we understand this we must add only those things in education whichachieve this aim. The dictum that "a healthy mind can exist only in ahealthy body" is a time tested one. Schools, thus become sources of healthy bodies too. This can best be achieved by yoga because games are beyond our financial capabilities. Yoga is very beneficial. Itoccupies so little space, and can be aone without the least bit of fuss. One wonders why schools have not adopted it as a mandatory subject at all levels.