Economic development is the sustained, concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area. Economic development can be referred to as a changes in economy both quantitative aswellas qualitative. The actions involves multiple areas of interest which includes development of human capital, critical infrastructure, regional competitiveness, environmental sustainability. Economic development is a policy intervention that aims for economic and social well-being of people. The major goal of Economic development involves improvements in literacy rate, life expectancy, and poverty rate. Gross Domestic Product does not take account of other aspects such as leisure time, environmental quality, freedom, or social justice. These factors are also closely related to economic growth. The development and growth will travels together. Economic Reconstruction refers to the process of creating a proactive vision of change in the economy. The basic theme is the problems in economy such as deindustrialization, environmental decay, industrial incompetence, poverty. Economic reconstruction builds on the ideas of several institutional economists and the thinkers work on critiques existing economic institutions and will suggests several modes of organizing society in a different manner. A scholarly article is based on original research or findings. Scholarly article is generally written by a researcher or expert in the field who is affiliated with an educational institution such as college or a university. Scholarly writings include footnotes or bibliography as references for the study. It also includes graphs or charts as illustrations as opposed to glossy pictures. In addition, articles that appear in scholarly journals or book that is published by academic presses are subject to a peer-review process, which means that other experts or specialist in the field would evaluate the quality and originality of the research as precondition of publication. Journal of Defense Studies & Resource Management emerges as a best indexed, hybrid journal with impact factor compared to other competitive journals focusing on Economic Development and Reconstruction by bringing up the recent research to global scientific community through its publications. The papers submitted are undergone through perfect plagiarism checks, later peer reviewed by the expert group and published after through revisions.