This study investigates the relationship between social class, child-rearing practices (CRPs) and futuristic aspirations of middle class families in India. Life goals provide an understanding, both of an individual and of a particular section of society. The changing socio-economic and political structure of a society results in changes in the life goals of its members. Futuristic orientations of each family member were assessed using a Hindi adaptation of the California Life Goal Evaluation Schedule, and child-rearing practices using a child-rearing practices schedule. There were no significant differences in the mean scores on life goals between fathers, mothers, sons and daughters. The factor structure revealed no differences in emphasis placed by each family member. However, the resultant futuristic orientations of children are significantly influenced by the differential handling of parents and the socio-economic status of the family. The results are discussed in light of the recent socio-economic changes taking place in India.