Update CONTRIBUTING.md

Author: rishichawda

CONTRIBUTING.md

@@ -59,7 +59,7 @@ the fork.
 
 If you want to add a new feature to the existing set of functionalities, we recommend you to
 first discuss with the repository maintainers by opening an issue [here](https://github.com/Codebrahma/react-lite-ui/issues).
-Please note that we may add a suggested feature only if it adds value to our [vision] of this project.
+Please note that we may add a suggested feature only if it adds value to our [purpose](#purpose) of this project.
 
 #### Notes on adding new functionalities :
 
@@ -69,6 +69,14 @@ After adding a new feature, please go through the following :
 2. All the tests should pass.
 3. Documentation has been updated with new features and instructions of their usage.
 
+## Purpose :
+
+The purpose of this project is to provide a component library and ultimately a UI kit that is
+easier to customise, lightweight and easy to use than any other popular libraries are / have been able to provide.
+The focus is on keeping the components as minimal as possible while providing various options to
+customise which might generally be required in a scalable production code and can decrease the overhead of 
+complicated configurations, code styles or other requirements.
+
 ### Our Responsibilities
 
 Project maintainers are responsible for clarifying the standards of acceptable