The world has witnessed the propagation, experimentation and implementation of various socioeconomic concepts and principles from time to time. We have a very fine theory of Sarvodaya born out of the rich experiences of a practical idealist Mahatma Gandhi-though it received only less applause from the world. Sarvodaya believes in the survival and development of all. It is an all around development of all people irrespective of class, creed, religion of caste.