This article tries to analyze historical activities that have endured in distinct characters reflecting historical and cultural values among Newars of Nepal. The analysis is based on the historical and cultural significance of Vajrayogini of Sankhu. Sankhu is an ancient Newar town located in the east of the Kathmandu valley which has long preserved its architectural and cultural heritage, thus occupying a prominent status in the economic and religious fields. (Rajeev Ranjan Singh 2007-03-01)