Vol. 1, Issue 1, Part C (2014)

Abstract
In the nineteen eighties witnessed disillusion with socialist economics which led to dissatisfaction with the public sectors. Education too was considered as a public good and the government set up institutions just as other public enterprises, which provided education to the masses. With passage of time these institutions became inefficient. As a reaction to the inefficient working of the state owned enterprises, the wave of privatization has spread all over the world, including India. This paper is compilation of Privatization, it’s need, advantages and fear, it’s features and how to professionalising the teacher and teacher education for global world and Autonomy in teacher education, it’s need and challenges before autonomous institutions, it’s uses and misuses in the field of teacher education Is to be analysed and care should be taken for effective development in teacher education.