Dear Viju,
At this time, you have to go to CodeCalc (component analysis part of PV Elite) to analyze the lifting lugs. You will have to use the Legs and Lugs module in CodeCalc. You will have to specify the lifting loads in the program.
In the Examples sub-directory under PV Elite installation folder there is a files lugs.cci that includes some examples.
I would also suggest you to perform a local stress analysis using the WRC-107 module.
You may look at this related post,
http://www.coade.com/ubbthreads/ubbthrea...=true#Post20106