1. First of all parents should make the habit of child to self study in home. It is not necessary to give exam books, but many other interesting book can read as enjoy. But, slowly, it will become the hobby of child.
2. Internet broadcast many channels. Under your own care, you can help child to subscribe some good educational channel on YouTube. More than 2 million channel, you can find on YouTube and almost all educational. Your child can learn everything from YouTube from accounting to mechanical engineering. One of main category of YouTube is YouTube EDU. After this, there is no need to see TV for getting education at home. Even, I also watch youtube edu.
3. Give your personal time to see whether your child is studying or wasting the time on the net or just playing games. Your given time to your child is real way to educate your child at home. Even, if you have some free space in your home. Make your own kitchen garden. Fix your child's duty to water the plants. With this, your child learn the discipline and if your child does not water to the plant on the time, give some punishment. It will be benefited for your child.
4. Buy some good and educational movies and to educate your child with these movies. Even you can buy Ramayana and Shri Krishna's VCD and it has lots of education which your child learn at home.
5. Buy some educational toys and other equipments. Some technical equipment automatically starts and provides good education to children.