Wow; I've never actually been able to see this film; this is a tantalizing glimpse. I'd love to see someone remix the music with drum n bass beats.
Oh and incidentally, here is the explanation of the clip:
This is the dance of the Ghosts sequence from 'Goopy Gyne Bagha Byne', Satyajit Ray's rare 1968 film fable. The action occurs in an ... all imaginary land. Goopy the singer and Bagha the drummer are untalented musicians whose playing provokes as much ridicule from the peasants as it does contempt from the king. The only audience they manage to charm is the ghosts. Wearing magic sandals, they arrive in the kingdom of Shundi where, to everyone's amazement, the ruler admires their music. Meanwhile, the king of the neighboring realm of Halla, who is the twin brother of the king of Shundi, wants to declare war. Goopy and Bagha do everything in their power to dissuade him, and finally it is their singing that demobilizes the troops at the last moment. Reconciled, the twin brothers offer to reward Goopy and Bagha with their daughters in marriage.