In this era of digitalization and globalization, we often come across several social evils. Moreover we hear and read about the increase in crime rates by children. Children want to fulfil their own interest even at the cost of harming others. Parents hardly have time to imbibe values in children. In this situation the other source of information for children is mass media. Since they are confused about what is right and wrong they get easily carried away by the media. In this scenario where lack of values creates a lot of perplexity in the minds of the children, it becomes very crucial to impart value based education to children at school. This will not only help the children to develop right values but also stand for what is right and build a good character. The present article highlights the importance for value based education in this 21st century.