Ghadi, in Hindi, can mean either a watch (as in a wristwatch or a pocket watch), or a brief length of time. I went through a good bit of life thinking this film was about a moment in time—romantic, most probably.
So this is where I own up: enlightenment dawns, buddhoo becomes Buddha. The ghadi in Anmol Ghadi is actually a watch: a pocket watch with a fob and chain. And it plays an important part in the story of Chandra and Lata, Prakash and Basanti, the protagonists of this tale.