The success of Indian enterprises and professionals in the computer and information technology (CIT) domain during the twenty year has been spectacular. Entrepreneurs, bureaucrats and technocrats are now advancing views about how India can ride CIT bandwagon and leapfrog into a knowledge-based economy in the area of entrepreneurship distance education on-line. Isolated instances of remotely located villagers sending and receiving email messages, effective application of mobile communications and surfing the Internet are being promoted as examples of how the nation can achieve this transformation, while vanquishing socio-economic challenges such as illiteracy, high growth of population, poverty, and the digital divide along the way. Likewise, even while a small fraction of the urban population in India has access to computers and the Internet, e-governance is being projected as the way of the future. There is no dearth of fascinating stories about CIT enabled changes, yet there is little discussion about whether such changes are effective and sustainable in the absence of the basic infrastructure that is accessible to the citizens of more advanced economies. When used appropriately, different CITs are said to help expand access to entrepreneurship distance education, strengthen the relevance of education to the increasingly digital workplace, and raise technical and managerial educational quality by, among others, helping make teaching and learning into an engaging, active process connected to real life. This research paper investigates on the impact of computer based online entrepreneurship distance education in India. (Contains 2 tables.)