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Madhya Pradesh Set To Have Country’s First ‘Time Bank’

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  • Madhya Pradesh Set To Have Country’s First ‘Time Bank’

    Madhya Pradesh will be the first state in the country to have a ‘time bank’, where you offer voluntary service to earn credit hours and get paid the same way. The ‘adhyatm’ (spirituality) department of the Kamal Nath government issued the orders on Friday.

    Additional chief secretary Manoj Shrivastava said all district collectors and administrators of Rajya Anand Sansthan have been told to initiate the process. It’s a reciprocity-based system that encourages people to help each other in exchange for hourly time credits, said officials. You can, say, look after an elderly person, tend to a garden or teach underprivileged children — and get paid in kind for the credit hours you have earned.

    Timebanks will be opened in every district, and not just one per district, officials told TOI. There is no cap on the number of banks that can be set up. “It will bring people willing to help and those in need of help on a single platform. Those who help will get credit hours in ‘time bank account’, while those taking help will assist anyone in need in the bank’s network. It is not necessary that a person has to help the same person who helped him,” said Shrivastava.

  • #2
    It is a worthy step of the Madhya Pradesh government to encourage people to help each other in exchange for hourly time credits. I hope this will also implement in other states.

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    • #3
      Good move kamalnath towards humanity and promote the helping nature in society.

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