The place of literature in the ELT classroom has been investigated by different scholars across languages. It is also a debatable issue, but many are of the belief that it plays a great role in the acquisition and learning of Language skills: listening, speaking, reading and writing. While literature claims that poetic justice prevails in the end, the passage goes through waywardness which is the way of the world with evil doers stealing the limelight while goodness and fairness are side-lined by the majority. In this scenario, the role of educational institutions is one of great responsibility in producing men and women who pose unwavering faith in human and moral values. Human society badly needs education that teaches moral lessons. Literature plays a vital role in educational curricula to ensure the imparting of the finer values of humanity, and this is also why literature finds a place, however small, in all course curricula. This study streamlines the role of literature in EFL/ ESL classrooms in instilling moral values to save humanity from degradation and decadence.