March 12, 2001 Issue




UNION BUDGET
   

Good Economics,
Risky Politics

Defying the pressures of politics, Finance Minister Yashwant Sinha has come forth with a bold, hard budget. He has committed the Government to a slew of daring economic reforms through this year's budget. But, beyond the initial euphoria generated by sheer promises, lies a rough road to fulfilling them. Will the pressures of coalition politics and an irrational Opposition allow him to deliver?


Interview:
Yashwant Sinha

"It is my budget,
not the PMO's."

 

 
THE NATION
   

Smeltdown
The NDA Government handsomely wins a vote moved by the Opposition in the Lok Sabha against the privatisation of Bharat Aluminium Company (BALCO), but it should now start worrying about the poor response to bidding for strategic partnership of public-sector units.

 

 
CARE TODAY
   

Progress Report
With an overwhelming response from readers, the CARE TODAY society had funds flowing in from all quarters to aid it in its efforts to help those rendered homeless and jobless by the devastating earthquake of January 26.

 

 
STATES
   

Reeling Estate
Gujarat is witnessing a strange phenomenon with the two hands of the Sangh Parivar, the RSS and the VHP, earning public goodwill and the BJP leadership finding itself in the hot seat over links with the building mafia.

 

 
NEIGHBOURS
 

Bust to Dust
International outrage doesn't deter the Taliban militia from pushing ahead with its plan to destroy historical statues, including the 2,000-year-old Buddha statues in Bamiyan.

 

 
ARCHAEOLOGY
 

Piecing the
Ahar Puzzle
Excavations of sites from the 4,500-year-old Ahar culture provide clues to the link between the Harappans and their predecessors.

 

 
OTHER STORIES
     
 



 
  Home  
 

CINEMA: SMALL-BUDGET FILMS

Size Doesn't Matter

It's no longer a cinch that a movie with a big budget will hit paydirt. The small movie, increasingly, is the one that's raking in the bucks.

Stars make me sick," producer Mukesh Bhatt says with a laugh, "I'm so glad their zamindari is over." Bhatt has reason to smile. He's in Ooty, overseeing the making of a supernatural thriller called Raaz. The film, starring models Dino Morea and Bipasha Basu, will be completed in two schedules and cost Rs 3 crore. "The kids are so enthusiastic," Bhatt continues, "We start work at 8 a.m., play cricket after lunch, finish at 10.30 p.m. This is the only way to work. Make films of substance, on your own terms."

Bhatt seems to have hit upon something. Last month, he released Kasoor, a Rs 3 crore thriller, ripped off from the Glenn Close-starrer Jagged Edge. The film had a reputed director (Vikram Bhatt) but no stars (Aftab Shivdasani and Lisa Ray). The Gujarat earthquake had decimated the western territory by at least Rs 30-40 lakh, but Kasoor surprised everyone by taking the biggest opening of the year in Mumbai and then holding on admirably, even in Delhi and Uttar Pradesh. Kasoor isn't Kaho Naa Pyar Hai but its distributors have made money. Meanwhile heavyweight films like Aashiq have sunk. "We make big ideas," says Mukesh, "not big films."

 

Rahul
Producer: Subhash Ghai
Director: Prakash Jha
Stars: Neha, Jatin Grewal
Budget: Rs 1.5 crore

 

Call them the little big films. Faced with a shortage of stars and chronic box office failure (last year, 219 releases produced one blockbuster), Bollywood seems to be discovering a new formula. Films with little face-value that are high on concepts, low on budgets and are completed in a given time frame. But these aren't the usual sparse-looking art-house products. These are mainstream films, complete with songs and aggressive promotional strategies. These films push the formula, and, if they work, may provide an alternative to the increasingly vulnerable Bollywood mega-movie.

Even Subhash Ghai, the showman famous for 70 mm melodramas, is going minimalist with a Rs 1.5 crore movie called Rahul. Directed by Prakash Jha and produced by Ghai, Rahul is the story of an estranged couple told from the point of view of their four-and-a-half year-old-son. Ghai himself is currently directing the big budget Hrithik Roshan-Kareena Kapoor starrer Yaadein but backing Rahul made perfect sense. "From now on," Ghai predicts, "you'll only see two kinds of films: the small ones with different stories and no stars or the really big films with stars. There is no midway."

Indeed. So Jha has also tied up with filmmakers Govind Nihalani, John Mathan, Romesh Sharma and Pravin Nischol to launch Entertainment One. The company aims to encourage new talent in films and television and is looking primarily at medium-budget movies. But, says Jha, maker of serious fare like Damul and Mrityudand, "It's not arty stuff. We want to do profit-making films." Entertainment One, which will also have a sister concern called Music One, will launch its first film by March 20. Shringar Films, blue chip distributors and exhibitors, are also entering production with the small film. The company will make up to three films a year, each costing between Rs 1.5-2 crore.

 

 

Raaz
Producer: Mukesh Bhatt
Director: Vikram Bhatt
Stars: Bipasha Basu, Dino Morea
Budget: Rs 3 crore

Director Raman Kumar, who shaped Indian television with Tara, is returning to the big screen with Aur Phir, a Rs 2.5 crore movie about a young couple who move abroad. The film, which will be extensively shot in Australia, looks at a live-in relationship, a different culture and how it impacts on love. And coming soon is producer R. Mohan's Chandni Bar, a gritty look at the life of a Mumbai bar girl, played by Tabu. Chandni Bar, a Rs 2 crore drama, was completed in two schedules. Mohan's Shogun Films will be launching three more films, all with budgets of Rs 2 crore. "I can't make movies the way they are being made today," says Mohan. "First you talk to Shah Rukh Khan, get dates for 2002, then find a script. Here we are giving something different."

Different is the mantra of the small film. "The medium budget doesn't guarantee content," says filmmaker Ram Gopal Varma, "but the probability is that the maker will be more alert. The minute you have a star you're thinking of a Rs 5-lakh choreographer in a Rs 10 lakh location." Varma should know. His 1998 hit Satya foreshadowed the little big film. And Varma, who has stars vying to work with him, has all but abandoned big movies, concentrating instead on distinctive smallies like Kaun. He is now producing Pyar Tune Kya Kiya, a Rs 5 crore tale of fatal attraction, and directing Company, a look at the Dawood-Chhota Rajan rivalry, which will have a big budget but few stars.

 

Chandni Bar
Producer: Mukesh Bhatt
Director: Vikram Bhatt
Stars: Tabu, Atul Kulkarni
Budget: Rs 2 crore

 

Stars, super-expensive and super-busy, are forcing makers to look at other alternatives. At any given time, at least 50 reputed banners are chasing 10 heroes. But the money and the effort don't guarantee a hit. Recently, names as big as Sunny Deol, Bobby Deol, Ajay Devgan and Salman Khan have failed even to get an initial audience. Says Trade Guide's editor Taran Adarsh: "In four weeks, we had two releases, Farz and Champion, which had Sunny playing a cop from Punjab. Obviously neither worked. People are tired of the same stories and faces." With newer markets opening up, the small film is also becoming increasingly viable. Kasoor's entire budget was recovered from audio, satellite and overseas sales.

The key is an expert promotion and distribution strategy. Kasoor's astounding 94 per cent opening in Mumbai was attributed to the high-adrenaline television commercials, made by Vikram Bhatt himself. Mohan launched Chandni Bar in an actual Mumbai beer bar-Tabu danced with real-life bar girls-generating reams of press. Also, small films need small releases. Says Shringar's Shravan Shroff: "If you're making a Maruti 800, don't try selling it like the Mercedes."

The coming multiplexes (despite the lack of a tax policy, Mumbai will have at least four by the year-end) will also help jump-start the small film. "We can't make more than 30 big budget movies a year," says Kumar, "and we need at least 130 movies to sustain our theatres. This is the only alternative." So both makers and audiences can look forward to moving beyond the formula. Finally, size doesn't matter.


 

 
 
 
Care Today
     METRO TODAY
 
   

MetroScape
Personality Matters Those behind the Grasim Mr India contest think it is one up over other male pageants.
But is it?
more...


Looking Glass

Mumbai: Swarovski Boutique

 
    Web Exclusives
DESPATCHES
 

The Keoladeo National Park Sanctuary in Bharatpur gets an unprecedented number of migratory birds due to the dry spell last year. But experts feel another drought could be disastrous, writes INDIA TODAY's Supriya Bezbaruah in
Despatches.

 

 
 
INTERVIEWS
 

"The only obvious competition is in bhangra," say the Pakistani duo of the music group, Strings, in conversation with INDIA TODAY's Sonia Faleiro in
Interviews.

 

 

 

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