GLOBALIZATION TRANSFORMS BOLLYWOOD

GLOBALIZATION TRANSFORMS BOLLYWOOD

THE IMAGE TO YOUR LEFT IS NOT THAT OF A WESTERN MODEL OR ACTRESS FROM HOLLYWOOD IN U.S.A BUT A FAMOUS INDIAN ACTRESS FROM BOLLYWOOD KAREENA KAPOOR,SHE HAPPENS TO BE THE GRAND-DAUGHTER OF LATE IDOL ,RAJ KAPOOR,AN ACTOR OF BOLLYWOOD OF LEGENDARY PROPORTIONS AND YOUNGER SISTER OF KARISHMA KAPOOR.
IN 1991, WE EMBARKED BY COMPULSION, ON THE PROGRAMME TO LIBERALIZE , PRIVATIZE AND GLOBALIZE OUR INDIAN ECONOMY BY COMPULSION. AS WE WHERE, ON A VERGE TO A “DEBT CRISIS”.THE “EXTERNAL DEBT” WAS HUGE,THE “EXPORT IMPORT DEFICIT” CALLED THE “CAD” OR THE “CURRENT ACCOUNT DEFICIT” WAS STAGGERING.NOW, HOW COULD BE OUR CULTURE, BE AWAY FROM THE SPIRIT OF OPENNESS AND TRANSFORMATION FROM “A CLOSED ECONOMY” AND “AUTARKIC ECONOMY” DOMINATED BY “USSR BASED SOCIALISM” TO “A OPEN USA BASED CAPITALISM MARKET FRIENDLY ECONOMY”.ON ONE HAND, WE SEE THE “KHATAKTA BHARAT MODEL” OF THE VEILS OF ISLAM, MADARSA’S ORDERED BY THE MULLAH’S AND MOULVI’S TO MAKE LADIES TENNIS SENSATION, SANIA MIRZA, APOLOGIZE FOR SHOOTING AN ADVERTISING CAMPAIGN, NEAR A HYDERABAD MASJID,RELIGIOUS PRAYER’S PLACE OF ISLAM,ON THE OTHER HAND, WE HAVE THE”SHISHTACHAAR BHARAT MODEL”-THE CUSTOM OF TOUCHING THE FEET AND TAKING BLESSINGS FROM THE ELDERS,RIGHT AT THE OTHER END, WE HAVE BIKINI CLAD WOMEN THRONGING THE BEACHES OF GOA AND KERALA ENJOYING WITH THEIR HUSBANDS AND BOYFRIENDS OR OFFICE COLLEAGUES AND THEN, WE HAVE THE HONDA CITY,MERCEDEZ BENZ,TAYOTA INNOVA ETC VEHICLES DONNING THE THIRD CLASS INFRASTRUCTURE ROADS OF INDIA, WITH THE WORLD CLASS CARS.
WE HAVE ALSO GOT THE “MATAKTA BHARAT MODEL”, MISS WORLD IN 1994 AS AISHWARYA RAI,MISS UNIVERSE IN 1995 AS SUSHMITA SEN AND IN 1996 MISS ASIA PACIFIC AS DIYA MIRZA.
SO THE TRANSFORMATION OF BOLLYWOOD IS A PROCESS OF CHANGE IN LIFE.

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3 thoughts on “GLOBALIZATION TRANSFORMS BOLLYWOOD”

  1. Its true that globliztion liberlization and privatization of indian economy has trans formed the bollywood but what about us the unplaced students….. fighting for a small job..even in recession period .is ther any soluton for that… Please dont suggest me the entrepreneourship….plese suggest me what we have to do in that conditions….your reply is must….plz reply on singh.abhishekkumar84@gmail.com

  2. I aggred with u’r view’s. But in my opinion all changes occured in india is due to need.
    when India is in huge dept, india adopted lpg in 1991. all it depend on need.
    i want to add one thing more if u can’t change with the time u are past…. like the black and white telivision.

    you r doing well.
    keep it up!

    1. Ashok my MBA International Business Amity University 2005-07 Intern you are right.India makes changes in Jerks.First we were under Islamics,then under British,then Under USSR and Socialism and since 1991 July in a USA Dominated Unipolar world with the FFIIT MODEL viz.Fiscal-Raja Chelliah Report-for reducing the tax rates max.30% and increasing the Tax Bse bringing more Indians under the tax paying bracket,reducing Govt.Jobs,Reducing unproductive expenditures to Politicians and Bureaucrats-IAS/IPS bringing the LAFFER CURVE to work as in USA and Oh yes I met Prof Raja Chelliah in 1995 at IIA Lucknow CLARKS AWADH seminar on VAT and asked him a question on Agriculture Tax and VAT as Prof AK Sengupta and me had prepared,VAT inventor was Prof Carl Shoup and first implemented in FRANCE in 1957,Financial-Insurance-Malhotra
      Committee Report 1995 and Narashimhan Committee Report-1992 for Bank Privatisation,INDUSTRIAL-De-licensing and INFRASTRUCTURE Social infrastructure and Physical Infrastructure,TRADE SECTOR ECONOMIC REFORMS-Rs. devaluation by 22% in 1991 and Rupee Convertibility on Trade Account but No Capital Account Convertibility…FFIIT MODEL OF ECONOMIC REFORMS IN INDIA LPG BASED IS THIS.

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