Human resources play an important role in economic development.

Yes, I do agree with the statement. 

• The United Nations Development Programme (UNDP) has introduced the concept of ‘Human Development’ in 1990. 
• Human resource development occurs through the provision of educational facilities, increase in literacy rate, especially among women tends to reduce birth rate and infant mortality rate. This contributes to population control. 
• HRD contributes to improvement in life expectancy and literacy rate. This further improves the quality of life. 
• Human development leads to an increase in human productivity, i.e. investment in nutrition, health, and education which results in higher productivity.
• Hence, human resources play an important role in economic development.