In his very influential book “Small is Beautiful,” first published in 1973, British economist E.F. Schumacher championed the cause of small and appropriate technologies. He argued that such technologies can empower the people more than so-called modern technologies that are not sustainable in the long run.
Recently, Bihar Grid Company Ltd (BGCL) was in the news when lending agency Power Finance Corporation sanctioned financial assistance worth Rs.1,350 crore, representing the entire debt component of a Rs.1,688-crore transmission upgrade scheme. The project aims at constructing 16 transmission lines, four associated substations and seven line-bay extension works in the eastern state.
