There is a need to manage our natural resources because:

(i) The population is increasing at a rapid pace and the resources of the earth are limited.

(ii) The resources should be wisely used with a long term perspective and not exploited for short term profits.

(iii) The resources are limited and hence must be equally distributed so that all the people can benefit from the development of these resources.

(iv) A check is required to take into consideration the damage which is caused to the environment during the extraction or use of these resources.

(v) It will help us to find ways and means to minimize the damage caused to the resources.