Abstract: This paper presents the paradigm shift of value education in school since ancient period. It highlights the basic structure of ancient education which contributed quality manpower imbibing moral, social and civic values to the society. It also shows the erosion of values and how values shifts from the ancient base to modern era. As a result, calls for several reforms in present situation which can be implemented from the ancient education for overall development of students as a human being. The quality of education generally influences on the quality manpower for social benefits.