Socialism is a well acclaimed concept in the modern world. The idea of Socialism has been prevailing in the world since the ancient times. We find many examples of Socialism in ancient and medieval era of human civilization. But the concept was neither studied nor established scientifically in any part of the world. It was Karl Marx who evolved the term in systematic way and analyzed the whole concept of Socialism from the logical point of view. His two-great works in the form of Communist Manifesto and Das Capital published in 1848 and 1867 respectively is regarded as the earmark in the development of Scientific Socialism. The idea of Socialism became popular with the innovative philosophy like class less society and community life. The freedom fighters of India were largely influenced from this concept. Many Indian leaders and freedom fighters like Raja Ram Mohan Roy, Manabendra Nath Roy, Joy Prakash Narayan, Yusuf Meherally, Ram Monohar Lohia, Pandit Jawaharlal Nehru, etc. was influenced by Marxian view of Socialism and as such they worked for establishment of a Socialistic Society in India. Among these leaders, Pandit Nehru was lucky enough to become the First Prime Minister of independent India. He tried his best to lead the country to the height of development and to establish equality in the society. His dream was to make bridge between rich and poor and to provide equal status in all respect of state life. Therefore, we had come forward with a vision to adopt socialistic policy with a slide different concept. This led to the discussion of Pandit Nehru’s perspectives of Socialism in India and to explore the objectives behind it.