The tsunami of globalization in our times has brought about the interface of various cultures in the world. While the social and political actions taken in some countries in the interest of creation of a homogeneous multicultural society are appreciable, education in schools and colleges needs to be attuned to that end. Drawing primarily on the findings of sociologist Bhikhu Parekh and philosopher Martha Nussbaum, my paper discusses related issues and stresses the fact that the goal of a truly multicultural society may not be achievable on the basis of commonality of economic interests, but the appreciation and interiorization of the sentiment of vasudhaiv kutumbukam, i.e., all the world is one family, can certainly help mankind.