With independence there has been a growing concern about reducing inequality, poverty, hunger, malnutrition, unemployment, illiteracy, agrarian and labour unrest, imbalanced regional development etc. Since the last few decades (specially 1990s onward) there has also been a growing focus on reducing corruption and to protect the environment and promote well-being of all. Many rules and regulations have been made and amended such as: economic reforms, administrative reforms, poverty eradication programmes, anti- corruption laws, RTI Act, e-governance initiatives, environment protection laws, literacy programmes, labour laws, employment guarantee, etc. and there has a continuous focus on to evolve a society based on equity and justice (socio-economic and political). All these changes show that the focus has been shifted from the model of economic growth only to the new model of sustainable development. Despite many new changes, the question on how to achieve sustainable development goals still remains. Good governance is one of the most recognized tools to cope with a sustainable development agenda. This article gives an overview on the issue of sustainable development and highlights the links between the concept of good governance and heterogeneous dimensions of sustainable development. The article also outlines the selected indicators of good governance and challenges & strategy for sustainable development.