With the decline of the Gupta Empire, a new chapter of changes started in the Indian subcontinent. However, the symptoms of these changes had started to reflect themselves in the Gupta period. These changes were not just political but could be seen in the socio- economic sphere as well. One needs to study to understand what kinds of changes are happening, and what do they signify. It is very important to study the reasons that were responsible for these changes and how far were these changes inevitable in the society.