Ok here is what i have done.
ArrayList<ContentValues> data = new ArrayList<ContentValues>();
//Email
ContentValues row1 = new ContentValues();
row1.put(Data.MIMETYPE, Email.CONTENT_ITEM_TYPE);
row1.put(Email.ADDRESS, "ADDRESSme");
data.add(row1);
//Website
ContentValues row2 = new ContentValues();
row2.put(Data.MIMETYPE, Website.CONTENT_ITEM_TYPE);
row2.put(Website.URL, "URLme");
data.add(row2);
//name
ContentValues row3 = new ContentValues();
row3.put(Data.MIMETYPE, StructuredName.CONTENT_ITEM_TYPE);
row3.put(StructuredName.DISPLAY_NAME, "NameMe");
data.add(row3);
//Address
ContentValues row4 = new ContentValues();
row4.put(Data.MIMETYPE, StructuredPostal.CONTENT_ITEM_TYPE);
row4.put(StructuredPostal.CITY, "CityMe");
row4.put(StructuredPostal.COUNTRY, "COUNTRYme");
row4.put(StructuredPostal.STREET, "STREETme");
row4.put(StructuredPostal.POSTCODE, "POSTCODEme");
data.add(row4);
//Phone
ContentValues row5 = new ContentValues();
row5.put(Data.MIMETYPE, Phone.CONTENT_ITEM_TYPE);
row5.put(Phone.NUMBER, "NUMBERme");
data.add(row5);
Intent i = new Intent(Intent.ACTION_INSERT, Contacts.CONTENT_URI);
i.putParcelableArrayListExtra(Insert.DATA, data);
But one thing i need to remind you is that Insert.DATA is available only from API level 11.So this solution only works for Android 3.0+.
If you guys have any better solution please let me know.