Indian Higher Education sector now encompasses three generation faculty members. With advancement in the global business scenario education system reforms to deal with this dynamic situation is the need of the hour. All the business corporations are designing their strategies to tackle the problems related to generational workforce and extract maximum talent from different generation workforce. In this line higher education also needs to inline their interest in generational issues of faculty members. One of the issues dealt in this paper is sharing knowledge amongst different generations since all the generation have their characteristic differences so their knowledge giving and knowledge taking behavior and frequency also differs. The data collected from different universities and colleges of Allahabad and Lucknow revealed that the three generations are different in knowledge donation and knowledge collection. The frequency of the activities was also measured and was found that it was different within the university or college as compared to outside the institution. Generation Y were more active outside their university/college and on the other hand Generation X were more active in their university/college. Further Baby boomers showed the minimal difference in knowledge activities within and outside the university/ college. It was suggested that light interaction amongst all the generation will help to foster a work culture where the flow of knowledge donation and collection can take place.