No doubt, globalization intends dramatic and rewarding changes in the learning community- systems, approaches, outputs, through advanced information and communication to create world citizenship-‘intelligent people’ with broad range of knowledge and skills to apply in competitive information based society. Knowledge became a saleable and purchasable good; education, knowledge available at door steps. It is only due to global information revolution. The real concept of education is to impart knowledge, and make the learners to apply in real life situations. Due to globalization the concept of education is changed after introduction of internet facility in 1996 in India. GATT and computer development changed the life style, world became more interactive with the concept ‘global village’. It has become a challenge as well as opportrunity for each learner. Thus, present paper highlights the impact of changes due to globalization and how it is both challenge and opportunity for learning community