Every human being in the world is unique creation of this universe and one is born with specific qualities and characteristics. If we are not able to use the hereditary and acquired qualities to increase our efficiency, then these qualities have no meaning in the life. In this context, the importance of life skills in the field of education is being explained today. Life skills education provides the person with the skills to face the conflicts that come in life. This creates the foundation of a cultured society that is prudent. Even scholars in modern times admit that although the current education system is familiar with these life skills principles, most of these have been developed by Western countries. While there is a comprehensive description of life skills pervading in ancient Indian scriptures. The theoretical perspective of those aspects are compiled and presented here with examples related to life skills described in the Ramcharitmanas. The current attempts may serve as a guide for moral, spiritual and social advancement in education needed in current learning system. Theoretical presentation may be contributory to the current battery of knowledge in the areas of life skill exploration in the contexts of ancient scriptures.