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The Present Work Is Based On Interdisciplinary Approach For Identifying The Content And Nature Of The Modernisation Process Occurred In Buddhism. The Study Rightly Identifies The Features Of Post-Modernisation In The Understanding Of Ambedkar And Dalai Lama About Buddhism. The Study Touched The Fringes Of Post-Modern Understanding Of Buddhism, I.E., Dalit Buddhism Or Adi Buddhism. The Present Study Mainly Deals With The Contribution Of Ambedkar And Dalai Lama Xiv To Modernize The Buddhist Tradition., Dr. Lella Karunyakra, Specializes In History Of Modern Buddhism, Ambedkar Thought On History And History Of Dalits And Is Associated With The Dalit Movements., Content:- Preface Methodology In Buddhist History Emergence Of Buddhism In The Context Of Contesting Philosophies And Social Conditions In Ancient India A Historical Survey Of Buddhist Revival In India Ambedkar And Buddhism Of The Buddha Buddhism And The Modern World: The Dalai Lama's Contribution Buddhism In Modern India Conclusion: Cultural Change As Prelude To Social Change Appendices Bibliography Index