There are numerous of natural resources, gifted by the God to man for his survival. The man has been exploiting the nature for fulfill his needs, since he had come on this earth. The natural resources such as oil, natural gas, coal and other mineral resources are limited in accordance with growing human needs. It is, therefore, require an effective policy for exploiting all these natural resources, so that a position of sustainable development may take place at agricultural and industrial fronts in relation to environment. The paper examines the mode of exploitation the natural resources and the challenges, faced by the man, which is a results of his haphazard actions. Keeping in view the present changing conditions, it requires strengthening. The alternative strategies and conservation policy, so that a balance may be maintained between human action and environment in accordance development oriented changing scenario. It also requires an effective policy for judicious use of natural resources so that the sustainable development policy may facilitate to man healthier and sustainable living. It also require a periodic review of natural resources in relation to development perspective at various development hierarchy. In this context, focus is to be given on short term and long term planning, so that a duly coordination may be established in accordance with prevailing local conditions. In order to meet the challenge of energy crisis, it require an effective formulation of energy policy, so that a ‘sustainable development’ may be taken place through application of the strategies such as a perfect substitute of oil with non-conventional sources of energy. These energy sources should be tapped in accordance with their applicability by replacing the conventional sources with non-conventional sources of energy. The use of bio-based energy is some of sources which can be used as an alternative source of energy which can be a step as strategy for ‘conservation of conventional sources of energy.’ In the present energy crises. Secondly, the strategy for ‘sustainable development’ for renewable natural resources by regenerating the natural resources such as forest resources, reclamation of waste land, water management, change in agricultural practices by using bio-fertilizer, crop-rotation, focus on eco-friendly product like food grain, fruit and vegetable. Only then, we shall be in a position to meet the growing challenge of steady growing ‘unsustainable development’ position of changing scenario
