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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 accepts 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 becomes simple if we need education. We need education only to make us live better and more joyously. Once we know this we must add only those things in education which achieve this aim. The dictum that “a healthy mind can exist only in a healthy 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. It occupies so little space, and copted it as a mandatory subject at all levels.