A judicious mix of both. Practical education is and always be a supplement to the theoritical knowledge and in no way can substitute the theoritical training. In short, Practical training facilitates the better understanding of the concepts learned in theoritical training.
It now seems to be a distant past when we could talk about an undivided India. What's disheartening is that the people who dream of running the largest democracy of the world are the ones to sow the seeds of regionalism. The recent agenda of MNS to drive out North Indians is a shameful act...