Numerous new diseases are spreading in the world and allopathic drug therapy is not sufficient to combat all these diseases. So there is a need to find cure of various ailments by herbal therapy. Herbal drugs are now shaping the future of therapy of various diseases. Allopathic drugs are effective but they have numerous side effects, sometimes their adverse effects may outweigh the benefits in curing diseases in human beings. So the current approach is now directed towards developing technologies for developing herbal therapies which could cure diseases with no or minimal side effects. In the present review Asparagus racemosus Willd. has been discussed. This plant could prove to be a milestone in herbal therapy because of its wide spectrum of pharmacological actions and uses. The review discusses about Asparagus racemosus Willd ., its chemical constituents and therapeutic potentials.