Finally, HCM is Human capital Management. The current scenario has seen the use of human capital management. Is that not similar as human resource. And definitions for HCM is “people whose assets are of value and can be enhanced through investment. The term ‘human capital’ originated in 1954 form economic theories when the notion of capital investments was discussed not only in material capital but also on human capital (Schultz,1971;Becker,1964). Nevertheless, the term human capital emerged again and used popularly to describe human resource in organization since 2003.Hence, human capital management can be defined as the process of acquiring, developing,deploying and the retention of the collective knowledge, skills and abilities of an organization’s employees by implementing processes and systems that match employee talent to the organization’s overall business goals. Whilst,human capital development is the process of developing and retaining the existing knowledge,skills,abilities and competencies of employees.