Old values are disappearing fast,how to restore them in modern days of globalisation? ?

The bets thing to do would probably be not to take any drastic attempts for restoring them. Such measures have always been flawed. You can't press values on to somebody; if they find the values worth taking, they will adopt them themselves.

Alternatively, measures could be taken at family level, naturally, since families are still the primary facilities for instilment of values. Schools, colleges and educational institutions come next. Students do learn some things from the teachers, after all. This isn't something one person can spark off. It will take the effort of every individual within a population to preserve all its past values, and even then, there will be some change, some alterations in them as their children, with new mentalities, reforge them for their own use.