Human resource development has been acknowledged to be a key factor in theprocess of economic growth, as the character and pace of economic and socialdevelopment of any country are ultimately determined not by its capital of its materialresources but by human resources. Clearly a country, which is unable to develop theskills and knowledge of its people and to utilize them effectively in the nationaleconomy, will be unable to develop anything else Shafina Banu. S, (2007).iHuman Resources take active role in the modern economic scenario of anycountry. The abundant physical resources alone cannot benefit the growth of thecountry without human resources component, which transforms physical resources into productive resources. Human resource should also be looked after properly andcontinuously regarding various aspects like development and economic, social andpsychological aspects.Human Resources play a dominant role in modern economics towards theachievement of stated goals in both organizations and nation. It is often felt that, though the exploitation of natural resources, availability of physical and financialresources and international aid play prominent roles in the growth of moderneconomies. None of these factors is more significant than efficient and committedmanpower. The country like India with an abundance of physical resources will notbenefit itself unless human resources make use of them properly ArulChelllaKumar. J.A, and Jayakumar.P, (2009)ii.