Sustainable development aims for maintaining the natural resources for the present as well as the future generations for consistent economic development. For a long time, humankind has been dependent on conventional resources to propel their development. But the finite nature of such resources has created a demand and supply gap in this world which has resulted in a variety of problems that include discrepancies in development, war mongering, ill-effects on environment etc. Sustainable development aims for the controlled use of resources for greater benefits and primarily includes reduction of wastage, controlled use and increased benefits from the different resources. Thus, for human beings’ sustainable development is significant as it aims to balance their economic, environmental and social needs.