India is floristically rich and is recognized as one of the twelve Mega biodiversity centers of the world. It is endowed with a rich heritage of medicinal plant wealth with a wide spectrum of healing properties. The traditional Indian system of medicine has been therefore well developed due to this richness of bio-resources. Interest and demand for herbal remedies are undoubtedly increasing very rapidly today. This has resulted into over exploitations of our natural bio-resources leading some important medicinal plant species to rarity, extinction and endangered state. It, therefore, appears that current concern must be addressed to this problem. Conservation is the process of management of biosphere in order to obtain the greatest benefit for the present generation and maintaining the potential for future. Conservation of plant resources is of global concern because we don’t know what we are losing and what will need in future. There is a necessity to strike a balance between conservation and utilization of these medicinal plants.