Getting nested exception is java.io.FileNotFoundException: Could not open ServletContext resource [/WEB-INF/MyDemoApp-servlet.xml] Error [on hold]

I am creating a simple Spring application, but when I am trying to run the application on the server it is giving me 500 error. Below I have provided my files: web.xml, the application context file and the error that I am getting. Why is the error occurring?

web.xml:

<?xml version="1.0" encoding="UTF-8"?>
<web-app xmlns="http://java.sun.com/xml/ns/javaee"
xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
xsi:schemaLocation="http://java.sun.com/xml/ns/javaee
http://java.sun.com/xml/ns/javaee/web-app_3_0.xsd"
version="3.0">
<display-name>My Demo App</display-name>
<servlet>
<servlet-name>MyDemoApp</servlet-name>
<servlet-class>org.springframework.web.servlet.DispatcherServlet</servlet-class>
<init-param>
<param-name>contextConfiguration</param-name>
<param-value>/WEB-INF/config/myDemoApp-servlet.xml</param-value>
</init-param>
</servlet>
<servlet-mapping>
<servlet-name>MyDemoApp</servlet-name>
<url-pattern>*.html</url-pattern>
</servlet-mapping>
</web-app>

myDemoApp-servlet.xml:

<?xml version="1.0" encoding="UTF-8"?>
<beans xmlns="http://www.springframework.org/schema/beans"
xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
xmlns:mvc="http://www.springframework.org/schema/mvc"
xmlns:context="http://www.springframework.org/schema/context"
xmlns="http://www.springframework.org/schema/p"
xsi:schemaLocation="http://www.springframework.org/schema/mvc http://www.springframework.org/schema/mvc/spring-mvc-4.0.xsd
http://www.springframework.org/schema/beans http://www.springframework.org/schema/beans/spring-beans.xsd
http://www.springframework.org/schema/context http://www.springframework.org/schema/context/spring-context-4.0.xsd">

<mvc:annotation-driven/> <!--out application is annotion driven -->

<context:component-scan base-package="com.zensar.controller"></context:component-scan> <!-- it will scan this this package for annotion-->

<!-- <bean class="org.springframework.web.servlet.view.InternalResourceViewResolver"> ViewResolver interface is used to map view name with view page
<property name="prefix" value="WEB-INF/jsp/"/> location as prefix
<property name="suffix" value=".jsp"/> type of view
</bean> -->

<!-- p namespace is an alternative to using the property tag. -->
<bean class="org.springframework.web.servlet.view.InternalResourceViewResolver" p:prefix="WEB-INF/jsp/" p:suffix=".jsp"/>

</beans>

So when I am trying to run this application on server I am getting the below error:

HTTP Status 500 - Servlet.init() for servlet MyDemoApp threw exception
--------------------------------------------------------------------------------
type Exception report
message Servlet.init() for servlet MyDemoApp threw exception
description The server encountered an internal error that prevented it from fulfilling this request.
exception
javax.servlet.ServletException: Servlet.init() for servlet MyDemoApp threw exception
org.apache.catalina.authenticator.AuthenticatorBase.invoke(AuthenticatorBase.java:505)
org.apache.catalina.valves.ErrorReportValve.invoke(ErrorReportValve.java:103)
org.apache.catalina.valves.AccessLogValve.invoke(AccessLogValve.java:958)
org.apache.catalina.connector.CoyoteAdapter.service(CoyoteAdapter.java:452)
org.apache.coyote.http11.AbstractHttp11Processor.process(AbstractHttp11Processor.java:1087)
org.apache.coyote.AbstractProtocol$AbstractConnectionHandler.process(AbstractProtocol.java:637)
org.apache.tomcat.util.net.JIoEndpoint$SocketProcessor.run(JIoEndpoint.java:318)
java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1142)
java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:617)
org.apache.tomcat.util.threads.TaskThread$WrappingRunnable.run(TaskThread.java:61)
java.lang.Thread.run(Thread.java:745)
root cause
org.springframework.beans.factory.BeanDefinitionStoreException: IOException parsing XML document from ServletContext resource [/WEB-INF/MyDemoApp-servlet.xml]; nested exception is java.io.FileNotFoundException: Could not open ServletContext resource [/WEB-INF/MyDemoApp-servlet.xml]
org.springframework.beans.factory.xml.XmlBeanDefinitionReader.loadBeanDefinitions(XmlBeanDefinitionReader.java:343)
org.springframework.beans.factory.xml.XmlBeanDefinitionReader.loadBeanDefinitions(XmlBeanDefinitionReader.java:303)
org.springframework.beans.factory.support.AbstractBeanDefinitionReader.loadBeanDefinitions(AbstractBeanDefinitionReader.java:180)
org.springframework.beans.factory.support.AbstractBeanDefinitionReader.loadBeanDefinitions(AbstractBeanDefinitionReader.java:216)
org.springframework.beans.factory.support.AbstractBeanDefinitionReader.loadBeanDefinitions(AbstractBeanDefinitionReader.java:187)
org.springframework.web.context.support.XmlWebApplicationContext.loadBeanDefinitions(XmlWebApplicationContext.java:125)
org.springframework.web.context.support.XmlWebApplicationContext.loadBeanDefinitions(XmlWebApplicationContext.java:94)
org.springframework.context.support.AbstractRefreshableApplicationContext.refreshBeanFactory(AbstractRefreshableApplicationContext.java:129)
org.springframework.context.support.AbstractApplicationContext.obtainFreshBeanFactory(AbstractApplicationContext.java:540)
org.springframework.context.support.AbstractApplicationContext.refresh(AbstractApplicationContext.java:454)
org.springframework.web.servlet.FrameworkServlet.configureAndRefreshWebApplicationContext(FrameworkServlet.java:658)
org.springframework.web.servlet.FrameworkServlet.createWebApplicationContext(FrameworkServlet.java:624)
org.springframework.web.servlet.FrameworkServlet.createWebApplicationContext(FrameworkServlet.java:672)
org.springframework.web.servlet.FrameworkServlet.initWebApplicationContext(FrameworkServlet.java:543)
org.springframework.web.servlet.FrameworkServlet.initServletBean(FrameworkServlet.java:484)
org.springframework.web.servlet.HttpServletBean.init(HttpServletBean.java:136)
javax.servlet.GenericServlet.init(GenericServlet.java:158)
org.apache.catalina.authenticator.AuthenticatorBase.invoke(AuthenticatorBase.java:505)
org.apache.catalina.valves.ErrorReportValve.invoke(ErrorReportValve.java:103)
org.apache.catalina.valves.AccessLogValve.invoke(AccessLogValve.java:958)
org.apache.catalina.connector.CoyoteAdapter.service(CoyoteAdapter.java:452)
org.apache.coyote.http11.AbstractHttp11Processor.process(AbstractHttp11Processor.java:1087)
org.apache.coyote.AbstractProtocol$AbstractConnectionHandler.process(AbstractProtocol.java:637)
org.apache.tomcat.util.net.JIoEndpoint$SocketProcessor.run(JIoEndpoint.java:318)
java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1142)
java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:617)
org.apache.tomcat.util.threads.TaskThread$WrappingRunnable.run(TaskThread.java:61)
java.lang.Thread.run(Thread.java:745)
root cause
java.io.FileNotFoundException: Could not open ServletContext resource [/WEB-INF/MyDemoApp-servlet.xml]
org.springframework.web.context.support.ServletContextResource.getInputStream(ServletContextResource.java:141)
org.springframework.beans.factory.xml.XmlBeanDefinitionReader.loadBeanDefinitions(XmlBeanDefinitionReader.java:329)
org.springframework.beans.factory.xml.XmlBeanDefinitionReader.loadBeanDefinitions(XmlBeanDefinitionReader.java:303)
org.springframework.beans.factory.support.AbstractBeanDefinitionReader.loadBeanDefinitions(AbstractBeanDefinitionReader.java:180)
org.springframework.beans.factory.support.AbstractBeanDefinitionReader.loadBeanDefinitions(AbstractBeanDefinitionReader.java:216)
org.springframework.beans.factory.support.AbstractBeanDefinitionReader.loadBeanDefinitions(AbstractBeanDefinitionReader.java:187)
org.springframework.web.context.support.XmlWebApplicationContext.loadBeanDefinitions(XmlWebApplicationContext.java:125)
org.springframework.web.context.support.XmlWebApplicationContext.loadBeanDefinitions(XmlWebApplicationContext.java:94)
org.springframework.context.support.AbstractRefreshableApplicationContext.refreshBeanFactory(AbstractRefreshableApplicationContext.java:129)
org.springframework.context.support.AbstractApplicationContext.obtainFreshBeanFactory(AbstractApplicationContext.java:540)
org.springframework.context.support.AbstractApplicationContext.refresh(AbstractApplicationContext.java:454)
org.springframework.web.servlet.FrameworkServlet.configureAndRefreshWebApplicationContext(FrameworkServlet.java:658)
org.springframework.web.servlet.FrameworkServlet.createWebApplicationContext(FrameworkServlet.java:624)
org.springframework.web.servlet.FrameworkServlet.createWebApplicationContext(FrameworkServlet.java:672)
org.springframework.web.servlet.FrameworkServlet.initWebApplicationContext(FrameworkServlet.java:543)
org.springframework.web.servlet.FrameworkServlet.initServletBean(FrameworkServlet.java:484)
org.springframework.web.servlet.HttpServletBean.init(HttpServletBean.java:136)
javax.servlet.GenericServlet.init(GenericServlet.java:158)
org.apache.catalina.authenticator.AuthenticatorBase.invoke(AuthenticatorBase.java:505)
org.apache.catalina.valves.ErrorReportValve.invoke(ErrorReportValve.java:103)
org.apache.catalina.valves.AccessLogValve.invoke(AccessLogValve.java:958)
org.apache.catalina.connector.CoyoteAdapter.service(CoyoteAdapter.java:452)
org.apache.coyote.http11.AbstractHttp11Processor.process(AbstractHttp11Processor.java:1087)
org.apache.coyote.AbstractProtocol$AbstractConnectionHandler.process(AbstractProtocol.java:637)
org.apache.tomcat.util.net.JIoEndpoint$SocketProcessor.run(JIoEndpoint.java:318)
java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1142)
java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:617)
org.apache.tomcat.util.threads.TaskThread$WrappingRunnable.run(TaskThread.java:61)
java.lang.Thread.run(Thread.java:745)