Hi Abhishek,
To provide the appropriate resolution, I would need more information from your end.
- Are you logged in as an administrator user?
- Is the computer connected to Domain?
- When exactly you get the error message “DEBUG PRIVILEGE REQUIRED ARE U ADMIN?”?
4. Which edition of windows are you using?
Security policy settings are only available in Windows 7 "Professional, Enterprise, or Ultimate".
I would suggest you to try these steps to manage debug privileges.
a. Open Control Panel and click on Administrative Tools.
b. Click on Local Security Policy and open Security Settings.
c. Open Local Polices and click on User Rights Assignment.
Refer to the link:
http://technet.microsoft.com/en-us/magazine/ee851677.aspx
Refer to the thread for additional information, which discuss about the same issue.
Note: Applicable to Windows 7.
Hope this information helps. Reply to the post with updated status of the issue to assist you further.