With the recent surveys on the employability of graduates which have unanimously reported that the percentage of young graduates, particularly engineering graduates produced by the Indian education system, is poor. The basic problem of this poor that is the quality of education is very important to present generation of students. National bodies concerned with education like UGC and AICTE have been looking for ways and means to bring about reforms in the education system that would improve the quality of education in Indian universities and affiliated colleges. As a part of this effort, the National Board of Accreditation (NBA), The National Assessment and Accreditation Council (NAAC)and The National Institutional Ranking Framework (NIRF) after thoroughly gone through the best practices in education in the world, is looking to introduce the Outcome Based Education (OBE) system and perception in Indian educational institutions on par with the Washington Accord an international agreement among bodies responsible for accrediting various degree, diploma programs.