India faces the big problem of unemployment, improper trainer and worker, underemployment and unequal distribution of wealth today. These entire problems occur because of low literacy and illiteracy in India. Education is important factor in social economic development to maintain the economic inequality and low income disparity. Effort has been made in this paper to consider six literacy parameters i.e., castewise (General, Scheduled Caste and Scheduled Tribe) male and female and analyzed literacy variations among different location, region, sex and castes. Educational Development Index (EDI) has been compared using statistical techniques viz. principle component analysis, composite variable rank and growth index.