Ethics has been derived from Greek word ‘ethos’ means character (Pabla, 2011), is an inherent feature of a civilized society. It is a mental yardstick which focuses the mind to distinguish between good or bad behavior, character and practices running around our society, country or world (Almond, 1999). Value is a term used in economical and philosophical context where economy pertain its price value among the commodity, while philosophy deals its useful contribution for mankind. The smallest unit of society is home, a place where learning of human values, moral duties and ethical values are nurtured by elders to younger’s since ages. The present system of primary and higher education is not solely responsible for decline of ethics and values. Globalization is also a root cause for the decline because people become materialistic rather than moral. Higher education also focuses on skill development part rather than humanity part of students just to make their names on global standards. The main aim of imparting moral values and ethics during Gurukul system was to build a positive character among students that lead to make a true citizen and ultimately leads to gear up nation building process. Around the globe the declining trend of value and ethics is a burgeoning problem which needs to tackled soon. With the advent of modern technology from British rule skill education was emphasized rather than value education. Our vedic education tenets like dharma, artha, kama, moksha were forgotten from the modern education. In the present day corporate culture teaches only the mannerism part but the truthful inceptions of ethical values are still absent there. In a mechanized world where electronic gazettes are present viz. television, computers, radio and 4G internet services provide every information either good or bad in decent form. Social networking sites face book, twitter and instagram also makes our relationship closer but also ruined the emotional wall between elders and youngers on the name of frankness, which is a grave concern for ethical and moral values. In this paper we will discuss about the causes and possible solution regarding the improvement in ethical values and the role of education system to inculcate ethical values into the students by modifying the curriculum of schools and colleges.

Download this article as