Hi pnayak15 -
It's not possible to drive a monitor directly with 27 2.5V signals (VGA_CLK, VGA_VS, VGA_HS, VGA_R[7:0], VGA_G[7:0], VGA_B[7:0]). There must be an encoder/transmitter IC between the FPGA and the monitor (I assume DVI or HDMI). These transmitter ICs typically have a DE (data enable) input that must be driven. If you don't drive that signal then you won't get a valid signal to the monitor.
What is between the FPGA and monitor? Include everything, including (transmitter, connector, cable, etc). And what model of monitor are you driving?