Go to the application here
What it does? >> It takes the direct image links and captions from you, and generates the code which you can embed to blogger.com or your website.
I thank Bibhas for his help. JQuery was something i never explored..he was of good help. Getting to the application, it is very crudely presented to you, but that suffices. The work will be done. It doesnot verify the link, so chances of the generated code not working is there. For the users, please give the exact link of the image file, the images that end with .jpg, .bmp, .gif, .png
Then it will provide the right code, just copy it and paste it where you want.