In today’s time, people all over the world are coming closer than ever before. Goods and services that appear in a country will be immediately promoted in the others. International transfer and communication are more common. For describing this present time, they use the term, THE ERA OF GLOBALIZATION.However, we still are facing certain problems, which are hampering our development in real sense. What makes us different from the developed countries is that we don’t really know how to handle the problem in the most effective manner. We still are struggling with the problem of unemployment, illiteracy, poverty and much more. If we ponder the global scenario we come across problems like global peace, respecting each other and saving environment.