He said that the education system should also take care of the physical development as well as the inner well-being of students by training their minds.
"We should include in education, the inner values without touching religious faith..." the 82-year-old Nobel laureate said while delivering a lecture on Education for Wisdom and Compassion to Rebuild Nation organised by the Seshadripuram Educational Trust here.
The Dalai Lama said while the Tibetans have still retained the ancient Indian knowledge, it has reached "nirvana" in the land of its origin.
"...usually I keep teasing my Indian friends that this ancient knowledge we learned from you. You are our teacher, our guru, we are chelas (disciples) of the Indian guru," he said.
Stating that reviving of the ancient Indian knowledge in modern India was one of his commitments in life, the Dalai Lama said that all the knowledge his region learned from India and kept for thousands of years was "immensely useful" in modern times, even in the field of science.
He said for over 30 years, he has had serious discussions with modern scientists on cosmology, neurobiology, quantum physics and psychology, and the knowledge that was learned and kept was really useful.
Pointing out that there was some kind of emotional crisis in today's world, he said material things and technology would not solve these problems.
He said that ancient practices like shanta and vipassana, dealt with the mind and emotions, should be considered as secular subjects and not religious.
Despite differences in views, all religions carried the "message of love", the Dalai Lama said, adding that "all the traditions teach about practice of tolerance, forgiveness".
"Despite different traditions or religions, India has stood as an example to the rest of the world that all could peacefully coexist together," he said.