Sarkar Raj is an intense political drama and is essentially a study of power; it explores the politics of development and takes a fresh look at the tradition versus modernity debate.

When Anita Rajan (Aishwarya Rai), CEO of Sheppard power plant, an international Company, brings a power plant proposal to set up in rural Maharashtra before the Nagres, insightful Shankar (Abhishek Bachchan) is quick to realize the benefits the power plant can bring to the people. After convincing Sarkar (Amitabh Bachchan) who is against it for various reasons, Shankar undertakes a journey along with Anita to the villages of Maharashtra to mobilize support from the masses.

However, things are not what they seem to be and Shankar's dream project gradually becomes a political minefield. It is in this backdrop the evil forces mightier than ever, mushroom and gang up to bring down the regime of Sarkar and obliterate Shankar's name from the political horizon.