Sustainable Forest Management is the management of forests according to the principles of sustainable development, where the resource use aims to meet the human needs, by preserving the natural assets of environment not only in the present but also the continued availability and contribution of these resources to long-term development. Sustainable development is an organizing principle for human life on a finite planet. It possesses a desirable future state for human societies in which living conditions and resource-use meet human needs without undermining the sustainability of natural systems and the environment, so that future generations may also have their needs met. Sustainable Forest Management means the environmentally appropriate, socially beneficial, and economically viable management of forests for present and future generations. There are different domains identified for sustainable development. These domains are broadly defined in three or four domains: ecology, economics, politics and culture - as used by the United Nations and a number of other international organizations. Seven common thematic areas of sustainable forest management have emerged based on the criteria of the nine ongoing regional and international criteria and indicators initiatives. The seven thematic areas are: Extent of forest resources, Biological diversity, Forest health and vitality, Productive functions and forest resources, Protective functions of forest resources, Socio-economic functions, Legal, policy and institutional framework.