I resolved the Error with the help of the information from, How do I install a module? Strawberry Perl issues
But One thing They missed out Or assuming that the user will know it is how to get Address and port Value respective to theor PC's. you can get this info from the browser as follows, Tools -> Internet Options-> Connections -> LAN Settings -> Address and Port Values mentioned under "Proxy Server" Tab. so for Eg: if you find Address: XX.YY.XX.WW and port value as :8002, the using CPAN shell you can configure the value for "http_proxy" as follows
o conf http_proxy http://XX.YY.XX.WW :8002/
This Resolves my issue.