Paranjpye started her career in
All India Radio (
AIR) in
Pune,
Maharashtra,
India as an announcer and soon got involved with AIR's Children's Program. Over the years, Paranjpye has written and directed plays in
Marathi,
Hindi, and
English for adults and children. She has written and directed six feature films, two children's films, and five documentaries. She has written many books for children, and six of them have won national or state level awards. Paranjpye worked for many years as a director or a producer with
Doordarshan Television in
Delhi. Her first made-for-TV movie –
The Little Tea Shop (1972), won the Asian Broadcasting Union Award at
Teheran,
Iran. Later that year, she was selected to produce the inaugural program of
Bombay (Mumbai)
Doordarshan. In the 1970s, Paranjpye twice served as the Chairperson of
Children's Film Society of India (CFSI), which is a government of India organization with the objective of promoting and ensuring value-based entertainment for children. She made four children's films for CFSI, including the award-winning
Jādoo Kā Shankh (1974) and
Sikandar (1976). Paranjpye's first feature film
Sparsh (The Touch), was released in 1980. It won five film awards, including the
National Film Award.
Sparsh was followed by the comedies
Chashme Buddoor (1981) and
Kathā (1982).
Kathā was a musical satire based on the folk tale of the
hare and the tortoise. She next made the TV serials
Ados Pados (1984) and
Chhote Bade (1985). Paranjpye worked as director, writer and narrator for the Marathi drama
Maza khel mandu de. It was played on 27 September 1986 at Gadkari Rangayatan, Thane. Paranjpye's subsequent movies include
Angoothā Chhāp (1988) about the National Literacy Mission;
Disha (1990) about the plight of immigrant workers;
Papeeha (Forest Love Bird) (1993);
Saaz (1997) (possibly inspired by the lives of Indian playback singing sisters,
Lata Mangeshkar and
Asha Bhosle); and
Chakā Chak (2005), which was aimed at creating public awareness about environmental issues. She also made the serials
Hum Panchi Ek Chawl Ke,
Partyana and
Behnaa.
Sridhar Rangayan assisted her in the film
Papeeha and in the serials
Hum Panchi Ek Chawl Ke and
Partyana. Paranjpye has also written and staged plays like
Maza Khel Mandu De,
Jaswandi and
Sakhe Shejari. She headed the jury in the feature film category of the 55th
National Film Awards for 2007. In July 2009, Paranjpye's documentary film
Suee was released, emerging from the South Asia Region Development Marketplace (SAR DM), an initiative spearheaded by the
World Bank. In 2016, she released her autobiography,
Saya: Majha Kalapravas, written in Marathi. It was a bestseller that had reached its fifth edition in 2020. She then released
A Patchwork Quilt – A Collage of My Creative Life, the English version of her autobiography, in 2020, with some chapters rewritten. ==Personal life==