PVAF OPERATION BOARD BRAINSTORM:...... INVEST IN STUDENTS AND NOT IN A BANK.... FOR SUCCESS OF 1 KAROR RUPEES A YEAR FOR GUJARAAT EDUCATION PROGRAM
Posted by Prajapati News Reporter on September 19, 2002

Prajaapati Vishva Ashram Foundation (PVAF) has an Operation Board made of very young prajaapatio. It is with blessing and pride that each of these young prajaapatio on PVAF Operation Board has university education or is finishing university education. PVAF Operation Board members are mentored every day by very experienced prajaapati and non-prajaapati professionals in various knowledge fields on an individual and collective basis. Thus, PVAF is providing hands-on training to the prajaapati leaders of tomorrow....with full mutual confidence and trust.....and with ultimate shraddhaa (trust) of all in our creator brhmah.........

The Prajaapati News Reporter of PVAF has learned that these young, fresh and pure knowledge-based brains of PVAF Operation Board are presently brainstorming..... to develop alternative methods of investing PVAF funds...... to have the best possible return of the PVAF fund-raising for 1 KAROR RUPEES A YEAR PVAF Gujaraat Education Program....And from the preliminary results it appears that the best investment of PVAF funds is to invest all the funds directly in the needy prajaapati students themselves....as against the traditional method of investing the funds in a bank and using only the interest earned to help the needy students.....

Please read the preliminary details of this knowledge-based brainstorm from PVAF Operations Board in the next posting.....

In the meantime, on the same lines as the above noted PVAF brainstorm, PVAF is publishing an article from New Indian Express, a national newspaper in India, about how investment of money directly to empower people to spend the money in their own growth can crate massive return to pay for the growth itself.....PVAF is praying for your feedback on this posting......it is now easy to give your feed back of any news positing.......just click on "POST A COMMENT" in the title of the news posting and write on.....please click on the next line to read about the New Indian Express article.....



SPEND TO GROW
AND
GROWTH WILL CREATE
MONEY TO SPEND

An Interesting article by S.Gurumurthy OF THE NEW INDIAN EXPRESS


Japanese save a lot. They do not spend much. Also Japan exports far more than it imports. Has an annual trade surplus of over $100 billions, that is Rs.5 lakh crores. Yet Japanese economy is considered weak, even collapsing.

Americans spend, save little. Also USA imports more than it exports. Has an annual trade deficit of over $400 billions, that is over Rs.20 lakh crores. Yet, the American economy is considered strong and trusted to get stronger. Indeed a contrast.

But where from do Americans get money to spend?

They borrow from Japan, China and even India. Virtually others save for US to spend. Global savings are mostly invested in US, in dollars.

India itself keeps its foreign currency assets of over $50 billions in US securities. China has sunk over $160 billion in US securities. Japan's stakes in US securities is in trillions.

Result.

The US has taken over $5 trillion from the world. Want to know it in rupees? Rs.2,50,000 crore!

So, as the world saves for USA, Americans spend freely.

Today, to keep the USA consumption going, that is for the US economy to work, other countries have to remit $180 billion every quarter, that is $2 billion a day, to the US! Otherwise the US economy would go for a six. So will the global economy. The result will be no different if US consumers begin consuming less.

A Chinese economist asked a neat question. Who has invested more, USA in China, or China in US? The US has invested in China less than half of what China has invested in US.

The same is the case with India. India has invested in US over $50 billion. But the US has invested less than $20 billion in India.

Why the world is after US?

The secret lies in the American spend, in that they hardly save. In fact they use their credit cards to spend their future income. That the USA spends is what makes it attractive to export to the USA. So, USA imports more than what it exports year after year. The result. The world is dependent on USA consumption for its growth. By its deepening culture of consumption, the US has habituated the world to feed on US consumption. But as the US needs money to finance its consumption, the world provides the money.

It's like a shopkeeper providing the money to a customer so that the customer keeps buying from the shop. The customer will not buy, the shop won't have business, unless the shopkeeper funds him. The US is like the lucky customer. And the world is like the helpless shopkeeper financier.

Who is America's biggest shopkeeper financier? Japan. Yet it is Japan which is regarded as weak. Modern economists complain that Japanese do not spend, so they do not grow. To force the Japanese to spend, the Japanese government exerted itself. Reduced the savings rates, even charged the savers. Even then the Japanese did not spend. Their traditional postal savings alone is over $1.2billions. that is. Rs.60 lakh crores, about three times the GDP of India. Thus, savings, far from being the strength of Japan, has become its pain.

What is the lesson?

That is, a nation cannot grow unless the people spend, not save. Not just spend, but borrow and spend.

Dr.Jagdish Bhagwati, the famous Indian-born economist in the US, told Dr.Manmohan Singh that Indians wastefully save. Ask them to spend, he said. On imported cars and, seriously, even oncosmetics! This, he counseled, will put India on a growth curve. But like Japanese we too are not obliging.

Modernists may not, but one who has read the Mahaabhaarat will, know. A Rishi by name Charuvaka gave the same advice when Pandavas were around, which modern economists are giving today. He told the people to spend and be happy, if need be by borrowing. No need to repay, if you cannot, he counseled. No sin would attach, he assured.

Fortunately his advice was rejected by us thousands of years back.

That is why perhaps India is alive as a nation. Our old companions are in archives today.

Now we have the very same advice. That is saving as sin, and spending as virtue.

This is central to neo-economics. Caution. Before you follow these neo-Charuvakas, get some fools to save so that you can borrow from them and spend, after you exhaust your savings. This is what US has successfully done in last two decades.

FAMILY TRUST
A NEW EVERGREEN METHOD FOR
GNAAN-DAAN TO
PVAF GUJARAAT EDUCATION PROGRAM
(PVAF GEP)

PVAF's (Prajaapati Vishva Aashram Foundation) Operations Board of young prajaapatio is committed to raise 1 KAROR RUPEES A YEAR for PVAF's Gujaraat Education Program (PVAF GEP). To realize this objective for the next two generations, these young and well educated prajaapatio of PVAF Operations Board have been brainstorming about various EVERGREEN FUNDRAISING methods....

They have come up with the idea of empowering each prajaapati family to create a
FAMILY TRUST
to fundraise through any number of methods that are feasible through the joint family efforts. A family of 4 can raise a lot of funds if they work as a joint force rather than as individuals. This way even students in the family can organize fundraising events among its age and social groups. The family can name pool all the fundraising in the name of say ABC FAMILY TRUST. ABC could be a name in memory of a grandparent, mother, father or any family member. Or ABC could be any other name one wishes. This will also provide anonymity to a lot of donors who do not wish to publicize their names......

FAMILY TRUST
EMPOWERS AN ENTIRE FAMILY
TO FUNDRAISE
CONTINUALLY FOREVER FOR
PVAF GUJARAAT EDUCATION PROGRAM
(PVAF GEP)

This FAMILY TRUST can continuously keep on raising funds on birthdays, anniversaries, memorials, diwali day as boni-daan, marriages, graduations, getting a new job, getting a promotion....This suggestions are not new as it is a prajaapati tradition of long time that we always pledge something to a dev or devi as a wish for all of the above and even for getting our wishes come true for ourselves and our dear ones...this pledge to a dev or devi donated as gnaan-daan will be the top ranking daan as per shree krishna, shree raam and all rushio and munio.....

The FAMILY TRUST can alos organize small fund-raising events within their own social circles at any social gatherings. Most of humankind is ready to donate for educating a child anywhere in the world.

The FAMILY TRUST can also adopt a child for educating the child through out his life from primary school to university level.

The FAMILY TRUST can continue from generation to generation.

Historically prajaapatio have always shown glimmers of proactive aatma-jyot here and there. Examples are the 19th and 20th century prajaapatio moving to far away strange lands from gujaraat for breaking out of poverty. The prajaapati aashram supporting students are another example.Now this EVERGREEN FUNDRAISING through a FAMILY TRUST will take us to a structured and organized way of vedik lifestyle......

The PVAF's Gujaraat Education Program (PVAF GEP) has a vision to one day give every prajaapati child in gujaraat full education so that every child can have a good employment in the knowledge based industry of today and tomorrow.....

This PVAF's Gujaraat Education Program (PVAF GEP) is a world wide community effort not only prajaapatio but will be spreading to the entire humankind. Fundraising is in full swing currently.

KINDLY SPONSOR A STUDENT FOR
RS 20,000 A YEAR FOR A 4-YEAR DEGREE

To immediately assist estimated 125 prajaapati students every year
who cannot go to university.

Send your donation to
your local samaaj PVAF Fundraiser
OR TO

Prajaapati Vishva AashramFoundation
3103 89 Street, Edmonton, Alberta, Canada,T6K 2Z1

FOR MORE INFORMATION EMAIL: PRAJAPATI VISHVA AASHRAM FOUNDATION

DETAILS OF PVAF GUJARAAT EDUCATION PROGRAM FOLLOWS:



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