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Prosperity with Equity

Equity Shares

When people come seeking each other on their own for sharing new knowledge, new thought, new techniracies, new ventures as active participants, 'Equity shares' are created. PP is a non institutional network with very many nodal points in the net. At each of these nodes, Equity Shares are created, accumulated and again invested for further prosperity building. There is nothing as royalty rights or sponsorship or membership in any venture generation. In equity shares there is no age bar, no gender bar, no education bar, no social bar, no political or any cultural bar. Thus even top government officers or even people's representatives (as mentioned elsewhere as N. G. Gore, top political figure and M.P.) or industrialists and scientists participate in any venture as their own individual venture and not as only supporter of such ventures. On the other hand a tribal destitute woman can be entertained as if she is equal and in a true sense kith and kin in her venture (Pariwar) network. The term Pariwar signifies full sense of belonging and togetherness till the success is achieved. The tribal woman has priority choice to opt for her ventures and not as recipient of some packages of practices defined and extended to help her, by some external (government or non-government) agencies.

Equity shares are never of the type of bargain, price or cost fixing, as barter or as gifts or donations. These are of new types of trusteeships created as a common trust by all and not as a one-sided risk coverage by an external trust to protect someone's losses. As ventures are always of the nature of calculated risk-taking on better know-how of some scientific principles to overcome those risks, any failures in any venture are the next stepping stone to success, as Edison used to say while having failures after failures before he invented first electric bulb. The term equity share also pointedly emphasizes that in venture sharing nothing goes as free help. It is self-help from all participants to seek and to have additive regeneration in one's resources and latent capabilities to succeed at each and every phase and stage of prosperity building.

On the cover of the book, 'Plenty for All', there is a caption with a promise 'No Waste Mind', 'No Waste Land' Anywhere on this Earth. The caption 'Waste Mind' signifies all human resources and strengths ( knowledge skills and institutions ) lying unused and the enormous fund of Human Grey Matter. We also misuse these resources to degrade human dignity to increase rural and tribal poverty and create humiliating conditions for the majority of the population. The caption 'Waste Land' signifies that all natural ( material, energy and time ) resources instead of getting enriched and enhanced are kept unused or are degraded to reduce the carrying capacity of the eco-system.

Prayog Pariwar has categorized these human and natural resources as

  1. Eco-Eco, Eco nonplus, Eco plus, Eco non-negative, Eco negative
  2. Humo-humo, Humo nonplus, Humo plus, Humo non-negative, Humo negative

To decide equity shares amongst the venturers for scaling 'No Waste Mind' and 'No Waste Land' paradigm in any peer venture nets. ( Thus waste land made fertile is Eco plus. But good soil degraded is Eco negative - when these are about to happen these are Eco nonplus and Eco non-negative respectively. If in the same way daily Sun Ensemble of Sun energy by photosynthesis or by solar thermal panel is Eco plus while allowing it to overheat our environment by tar roads and cement jungles is eco as well humo negative. Similarly a tribal lady, learning to take record sugarcane or banana crop on her daily household waste water is Humo positive while if she has to spend hours to bring water from a distance for her daily needs it is Humo negative.) Equity Shares are easy to define and invest. The tribal lady on learning to take record sugar cane and banana crop or vegetable or paddy crop can extend her knowledge in her neighborhood. The groups or individual will then decide their 'equity shares in their additive regenerations & value additions they have earned.'