Fisher and Mahalanobis described Statistics as the key technology of the twentieth century. Since then Statistics has evolved into a field that has many applications in all sciences and areas of technology, as well as in most areas of decision making such as in health care, business, federal statistics and legal proceedings. Applications in statistics such as inference for Causal effects, inferences about the spatio- temporal processes, analysis of categorical and survival data sets and countless other functions play an essential role in the present day world. In the last two to three decades, Bayesian Statistics has emerged as one.