The purpose of this monograph on "Evolution of Swastika: Good or Evil", is an attempt to show to the world the real meaning of an ancient symbol Swastika, meaning, 'Well Being', 'Good Existence', and 'Good Luck'. But why is this symbol so important and why did Adolf Hitler decide to use it? The Swastika symbol was not invented by Hitler, he stole it from "Rig Veda" . He made this signal to a most hated signal for his own hatred towards the Jews and the non-Aryan race and his greed to make "Thousand Year Reich" for the German Aryans and as the supreme leader of the world. It should be reminded that Swastika is a sacred symbol of Hindus, Buddhists, Jains. Historically, many other native peoples of several regions the world over have regarded Swastika as a sacred symbol. In Europe use of Swastika is banned as it was used by Hitler and Nazis for Evil purposes. Hitler did not invent Swastika, he just stole it. Hitler and Nazis also used Cross on the chest-pocket. So why ban Swastika and use it for good purpose of life?