1. A robust method for detecting and recognizing the traffic signs using images captured by a digital color and night vision camera, the said method characterized in being illumination invariant comprising the processor implemented steps of: transforming RGB image into HSV color model and subsequently extracting desired color components by using color quantization; filtering the noise components in the HSV color model based on object symmetrical shape property; detecting edges of the objects and subsequently detecting the distinct objects in the noise components filtered image; classifying the shapes of the traffic signs based on shape of the determined distinct objects; and recognizing the classified shapes of the traffic signs by template matching.