Development has been differently defined as, progress, positive change in the socioeconomic position of the people, a community or a nation. In the Third World and in most of the erstwhile colonised countries, it was the demand for development and a future developmental vision that defined their movement for liberation. In India, for example,the nationalist leaders had already arrived at a consensus on the developmental path that the country would choose once it gets independence. The idea of self-reliance both the ability to take independent economic decisions and follow independent path of development was shared by leaders across continents. The Marxist understanding of