Blast disease caused by fungal pathogen Magnaporthe oryzae is the most severe disease of rice (Oryza sativa L). On an estimate it annually destroys rice, which can feed around 60 million people. Keeping in view the importance of the disease, various management strategies like controlled use of nitrogen fertilizers, application of silica and flooding of paddy fields are the practices in use to reduce the rice blast since long time. Improved chemical methods include utilization of copper fungicides, organomercuric and organophosphorus compounds. Some antibiotics e.g., Blasticidin S and Kasugamycin and many systemic and site specific fungicides including melanin biosynthesis inhibitors and plant activators were also utilized effectively for blast management. In the recent years leaf extracts of tulsi and bael have been found effective. Due to the highly variable nature of M. oryzae, exploitation of durable host resistance has remained a challenging job for plant pathologists and breeders. Lots of efforts have been made worldwide to study the variability in the pathogen and to find out the resistance sources. To date approximately 100 R genes for blast resistance have been mapped and 20 of these genes have been cloned in rice. Now, scientists are looking forward to develop durable resistant varieties through pyramiding of quantitative trait loci and major genes. Among the biocontrol agents, different strains of Bacillus spp. and Streptomyces sindeneusis are in use. The availability of rice and M. oryzae genome sequence data are facilitating blast resistance management program to new paradigms which includes isolation and characterization of R and Avr genes, development of noble fungicides, transformed bioagents, transgenic rice and durable resistance.