The Organization for Economic Co-operation and Development (OECD) defines global competence as the capacity to analyze global and intercultural issues critically and to engage in open, appropriate and effective interactions. Since media forms the basis for attaining and sharing information, formulating ideas and opinions about people, events and situations, exploring different cultures, perspectives, rejecting notions as well as accepting truths, media and information literacy (MIL) is an effective and essential way to attain this global competence. As MIL competencies are closely aligned with global competencies, interlinking the two helps in attaining true global citizenship. This chapter explains the problems, prospects and possibilities for MIL training in India. The history and evolution of media and its regulatory structure in India and how this has impacted and continues to influence the spectrum of media and information literacy is the core of this study.