In Twenty First Century Human being landed on the moon, Science and Technology has achieved the new level in Researches and Development but the Human psychology is still in conflict with Existential Vacuum. On one side Human has all the facilities and comforts and on the other part he is struggling with anxiety. Therefore, Value Education indeed a key needs of Modern Era and Teacher should know how to balancing the obstacle coming on the way of Value Education. The present study attempts to discuss about the challenges in Value Education. Values are the guiding principles of life which are conducive to all round development. In inculcating values, all human faculties such as head, heart and hand should play a role. Value education covers the entire domains of learning, the cognitive, affective and psychomotor. They give direction and firmness to life and bring joy, satisfaction and peace to life. The higher virtue is to preach peace. This is the secret of morality, ethics, humanity, and civility. Peace is the process of progress and prosperity. Through inner peace, genuine world peace can be achieved. The importance of individual responsibility is quite clear; an atmosphere of peace must first be created within ourselves, then gradually expanded to include our families, our communities, and ultimately the whole planet.