In this article, the author develops a civilizational analysis of the postmodernity. In his attempt, the author departs from the image of postmodernity as a romanticist critique of modernity that redefines the modern self-understanding built around the ideas of progress. Throughout the paper the author develops a comparative analysis of the Indian episteme and the postmodern culture. In his view, such an analysis provides a possibility of a better understanding of postmodernity on at least a few levels: postmodern conception of time, human relation with the nature, meaning and others.