Abstract: The present invention provides an alternate proton conducting polymer electrolyte membrane and a process for the preparation thereof. More particularly the present invention provides a conducting hybrid polymer electrolyte membrane comprising a stable host polymer and a proton-conducting medium as a guest polymer for its suitability in PEM-based fuel cells. The present invention deals with host polymer, comprising a group of poly (vinyl alcohol), poly (vinyl fluoride), polyethylene oxide, polyethyleneimine, polyethylene glycol, cellulose acetate, polyvinylmethylethyl ether, more preferably polyvinyl alcohol and a guest polymer comprising poly(styrene sulfonic acid), poly(acrylic acid), sulfonated phenolic, polyacrylonitrile, polymethyl acrylate, and quaternary ammonium salt, more preferably poly(styrene sulfonic acid).