The Power Finance Corp has recently initiated a programme to enhance energy efficiency by installing capacitors to harness the reactive load in transmission systems

Madhya Pradesh took a head start in implementing the 3 tier panchayati raj. But lack of finances might just undo the transfer of power to the people

The 73rd Constitution Amendment Act makes it mandatory for states to implement the 3 tiered panchayati raj

The implementation of panchayati raj is expected to provide a fillip to various grassroot movements in the state, thanks to activists being elected. About 700 sarpanches are affiliated to the Ekta

• Panchayats are free to choose their development priorities, allot funds and set time-limits for programme implementation, generate internal resources, collect taxes and impose fines. •

The Third World feels that the move by the industrialised countries to link ADB's lending policies to social objectives may hamper growth in Asia

The international convention on desertification is plagued by differences of opinion on financial resources and funding mechanisms

North vs South differences of opinion and the donor countries' control over funds has impeded the phasing out of ozone depleting substances in the developing countries

The finance minister has placed his bets on growth through rapid technological development, but critics say he should proceed with caution

HIT BY a severe recession, Japanese companies are reducing spending on research and development (R&D) and many firms are scaling down low-priority or long-term projects in favour of those that offer