India’s ascent to a formidable global ICT power has been mainly driven by economic reforms, establishment of a free market democracy, perseverance of some unbeatable private entrepreneurs and above all, continuous human capital development in engineering and electronic fields. 10 The last development came from the high educational standards maintained by a web of reputed state owned Indian Institutes of Technology (IITs) and permission given to private sector to set up higher learning institutes. This is definitely an eye opener for Sri Lanka. Even in the midst of growing evidence from India and elsewhere that privately owned institutes of higher learning could make a significant contribution to the globalization of education and training, Sri Lanka still keeps education as a closelyguarded relic in the public sector. As a result, its capacity to meet the demand for higher education is woefully low with one place being offered to satisfy about 16 aspirants. This has led aspiring youth to seek higher education in other countries at a high personal investment cost. Since every investment should yield commensurate returns, it also has compelled them to seek employment elsewhere. Whatever the intention, the closely protected public university education system has become a waste of scarce public resources, since only a fraction of the total registered students is reported to be in 11 attendance in classes. Hence, to gain reputation as a global centre of learning, it is necessary that the Sri Lanka’s university education system should undergo a complete overhaul and reform.
The importance of the services sector for both industry and agriculture can be identified by examining the full-range of modern production flows. In fact, this is something which many have tended to disregard and therefore assign a lower value to services than real productions like agriculture and industry. Such a flow which should come one stage after the other in the order given, is presented in the following tabular exposition:  Modern production flows Stage  Process  Identity  1  Basic Research  Service  2  Applied Research  Service  3  Incubation and Testing  Service  4  Commercial Development  Service  5  Planning and Financing  Service  6  Manufacturing  Industry  7  Warehousing, Transporting and Marketing  Service  8  Financing  Service  9  After-sale services and maintenance  Service  10  Continued Research and Development for Next Generation Products  Service  It is apparent that only one out of the 10 different production stages constitutes industry (or agriculture) and all others are services. If one is concerned about developing agriculture or industry, he cannot ignore all the essential service ingredients that should precede and follow the actual act of production. Since people see only the visible output, they fail to observe the full range of other services that have contributed to its creation as well as subsequent continuation.