COMMUNITY BASED ART OF GIVING TO SUPPORT EMERGENCY

Abstract

ABSTRACT “COMMUNITY BASED ART OF GIVING TO SUPPORT EMERGENCY” The invention provides a community-based financial contribution system designed to support emergency welfare efforts. Individuals contribute based on a simple formula: monthly contribution = income ÷ 10,000. Those earning ₹10,000 or less contribute a small fixed amount, while higher earners contribute proportionally. The formula is derived from population metrics, offering an easy, time-saving calculation method. Contributions accumulate over time to create a financial reserve, used solely for humanitarian purposes in times of economic crisis, without any tax benefits or rebates. Only individuals with valid voter ID cards are eligible to participate. This system enhances community welfare, strengthens national financial resilience, and can support new government programs aimed at societal well-being. It fosters collective responsibility, allowing all income groups to contribute to a common emergency fund. No Figure

Specification

Description:TECHNICAL FIELD
[0001] The present invention relates to the field of fund raising, and more particularly, the present invention relates to the community based art of giving to support emergency.
BACKGROUND ART
[0002] The following discussion of the background of the invention is intended to facilitate an understanding of the present invention. However, it should be appreciated that the discussion is not an acknowledgment or admission that any of the material referred to was published, known, or part of the common general knowledge in any jurisdiction as of the application's priority date. The details provided herein the background if belongs to any publication is taken only as a reference for describing the problems, in general terminologies or principles or both of science and technology in the associated prior art.
[0003] A fund will be generated which is contributed by the people of India. The people who are earning will contribute a very minimum amount of money every month to this fund. In India, people believe in giving money to the needy. If a person earns 10000 rupees, paying 10 rupees per month for the welfare of the country will not be a loss to him. The fund is not like an insurance policy nor bears any tax benefits. It is purely the art of giving for community help. The invention provides a formula to calculate the amount of money contribution towards art of giving.
[0004] In the present scenario, When a country like India faces any financial crisis due to natural calamities or disasters, epidemics, and pandemics, financial help is a great concern. Financial support provided by international, national and regional sectors generally takes little longer time.In such situation, there is need of a fund that will be helpful spontaneously for the welfare of the country on an emergency basis. the presented fund is a great help to the country in this regard.
[0005] Government funds like PMNRF, NDRF, Emergency funds are there to provide help during crisis period. But till now no such type of solution has been implemented. The fund created by public is a source of immediate action against crisis. Again there is lack of literature and research in this area.
[0006] In light of the foregoing, there is a need for Community based art of giving to support emergency that overcomes problems prevalent in the prior art associated with the traditionally available method or system, of the above-mentioned inventions that can be used with the presented disclosed technique with or without modification.
[0007] All publications herein are incorporated by reference to the same extent as if each individual publication or patent application were specifically and individually indicated to be incorporated by reference. Where a definition or use of a term in an incorporated reference is inconsistent or contrary to the definition of that term provided herein, the definition of that term provided herein applies, and the definition of that term in the reference does not apply.
OBJECTS OF THE INVENTION
[0008] The principal object of the present invention is to overcome the disadvantages of the prior art by providing Community based art of giving to support emergency.
[0009] Another object of the present invention is to provide Community based art of giving to support emergency that provides formula to calculate the contribution amount that is (Income / 10000) every month.
[0010] Another object of the present invention is to provide Community based art of giving to support emergency wherein Birth rate, Death rate and sex ratio are calculated per 1000.
[0011] Another object of the present invention is to provide Community based art of giving to support emergency wherein the population counting is done in every 10 years. So [10000 = 1000X10]
[0012] Another object of the present invention is to provide Community based art of giving to support emergency that releases immediate fund during emergency.
[0013] Another object of the present invention is to provide Community based art of giving to support emergency that organizes and support emergency humanitarian assistance of any type.
[0014] Another object of the present invention is to provide Community based art of giving to support emergency that saves life and time.
[0015] Another object of the present invention is to provide Community based art of giving to support emergency that prevents unnecessary suffering.
[0016] The foregoing and other objects of the present invention will become readily apparent upon further review of the following detailed description of the embodiments as illustrated in the accompanying drawings.
SUMMARY OF THE INVENTION
[0017] The present invention relates to Community based art of giving to support emergency. Those who are earning 10,000 or below will pay 2-5 rupees. Those who are earning more than 10 000 will pay according to the formula provided. Contribution=Income/ 10000 per month.
[0018] Formula: R= Y/(1000X10)= Y/10000
Where; R= Revenue(contribution by individual contributor) per month
Y= Income of the contributor per month.
[0019] Why 10000?
[0020] Birth rate, Death rate and sex ratio are calculated per 1000. And the population counting is done in every 10 years. So [10000 = 1000X10]
[0021] For example income of a person is 1 lakh rupees. He/she will pay 100000/10000 = 10 per month. In a year he will pay only 120 rupees. The multiyear pay will generate a sum of money from each individual contributor.
[0022] No tax benefit, no rebate will be provided. This money only be used for humanitarian purpose during crisis in the economy for the welfare of the society or country.
[0023] The people having Voter ID card can participate in this scheme.
[0024] The application of the invention:
- Financial help for the welfare of the community.
- It builds financial strength of the country.
- Easy calculation of the contribution will save the time.
- Help Government to introduce new programme related to welfare of the society.
[0025] While the invention has been described and shown with reference to the preferred embodiment, it will be apparent that variations might be possible that would fall within the scope of the present invention.
BRIEF DESCRIPTION OF DRAWINGS
[0026] So that the manner in which the above-recited features of the present invention can be understood in detail, a more particular description of the invention, briefly summarized above, may have been referred by embodiments, some of which are illustrated in the appended drawings. It is to be noted, however, that the appended drawings illustrate only typical embodiments of this invention and are therefore not to be considered limiting of its scope, for the invention may admit to other equally effective embodiments.
[0027] These and other features, benefits, and advantages of the present invention will become apparent by reference to the following text figure, with like reference numbers referring to like structures across the views, wherein:
[0028] No Figure.
DETAILED DESCRIPTION OF THE INVENTION
[0029] While the present invention is described herein by way of example using embodiments and illustrative drawings, those skilled in the art will recognize that the invention is not limited to the embodiments of drawing or drawings described and are not intended to represent the scale of the various components. Further, some components that may form a part of the invention may not be illustrated in certain figures, for ease of illustration, and such omissions do not limit the embodiments outlined in any way. It should be understood that the drawings and the detailed description thereto are not intended to limit the invention to the particular form disclosed, but on the contrary, the invention is to cover all modifications, equivalents, and alternatives falling within the scope of the present invention as defined by the appended claim.
[0030] As used throughout this description, the word "may" is used in a permissive sense (i.e. meaning having the potential to), rather than the mandatory sense, (i.e. meaning must). Further, the words "a" or "an" mean "at least one" and the word "plurality" means "one or more" unless otherwise mentioned. Furthermore, the terminology and phraseology used herein are solely used for descriptive purposes and should not be construed as limiting in scope. Language such as "including," "comprising," "having," "containing," or "involving," and variations thereof, is intended to be broad and encompass the subject matter listed thereafter, equivalents, and additional subject matter not recited, and is not intended to exclude other additives, components, integers, or steps. Likewise, the term "comprising" is considered synonymous with the terms "including" or "containing" for applicable legal purposes. Any discussion of documents, acts, materials, devices, articles, and the like are included in the specification solely for the purpose of providing a context for the present invention. It is not suggested or represented that any or all these matters form part of the prior art base or were common general knowledge in the field relevant to the present invention.
[0031] In this disclosure, whenever a composition or an element or a group of elements is preceded with the transitional phrase "comprising", it is understood that we also contemplate the same composition, element, or group of elements with transitional phrases "consisting of", "consisting", "selected from the group of consisting of, "including", or "is" preceding the recitation of the composition, element or group of elements and vice versa.
[0032] The present invention is described hereinafter by various embodiments with reference to the accompanying drawing, wherein reference numerals used in the accompanying drawing correspond to the like elements throughout the description. This invention may, however, be embodied in many different forms and should not be construed as limited to the embodiment set forth herein. Rather, the embodiment is provided so that this disclosure will be thorough and complete and will fully convey the scope of the invention to those skilled in the art. In the following detailed description, numeric values and ranges are provided for various aspects of the implementations described. These values and ranges are to be treated as examples only and are not intended to limit the scope of the claims. In addition, several materials are identified as suitable for various facets of the implementations. These materials are to be treated as exemplary and are not intended to limit the scope of the invention.
[0033] The present invention relates to Community based art of giving to support emergency. Those who are earning 10,000 or below will pay 2-5 rupees. Those who are earning more than 10 000 will pay according to the formula provided. Contribution=Income/ 10000 per month.
[0034] Formula: R= Y/(1000X10)= Y/10000
Where; R= Revenue(contribution by individual contributor) per month
Y= Income of the contributor per month.
[0035] Why 10000?
[0036] Birth rate, Death rate and sex ratio are calculated per 1000. And the population counting is done in every 10 years. So [10000 = 1000X10]
[0037] For example income of a person is 1 lakh rupees. He/she will pay 100000/10000 = 10 per month. In a year he will pay only 120 rupees. The multiyear pay will generate a sum of money from each individual contributor.
[0038] No tax benefit, no rebate will be provided. This money only be used for humanitarian purpose during crisis in the economy for the welfare of the society or country.
[0039] The people having Voter ID card can participate in this scheme.
[0040] The application of the invention:
- Financial help for the welfare of the community.
- It builds financial strength of the country.
- Easy calculation of the contribution will save the time.
[0041] Help Government to introduce new programme related to welfare of the society.
[0042] Various modifications to these embodiments are apparent to those skilled in the art from the description and the accompanying drawings. The principles associated with the various embodiments described herein may be applied to other embodiments. Therefore, the description is not intended to be limited to the 5 embodiments shown along with the accompanying drawings but is to be providing the broadest scope consistent with the principles and the novel and inventive features disclosed or suggested herein. Accordingly, the invention is anticipated to hold on to all other such alternatives, modifications, and variations that fall within the scope of the present invention and appended claims.
, Claims:CLAIMS
We Claim:
1) A community-based financial contribution system for supporting emergency welfare, the system comprising:
- a module for calculating individual contributions based on the formula: R=Y/10000R = Y / 10000R=Y/10000 wherein:
- RRR represents the monthly contribution from an individual;
- YYY represents the monthly income of the individual;
- a contribution scheme wherein individuals earning ₹10,000 or less contribute a fixed amount between ₹2 and ₹5, and individuals earning more than ₹10,000 contribute an amount proportional to their income based on the defined formula.
2) The system as claimed in claim 1, wherein the formula is derived from population metrics, including birth rate, death rate, and sex ratio calculations, standardized per 1000 individuals, and extended to a base of 10,000 for ease of calculation.
3) The system as claimed in claim 1, wherein the no tax benefits or rebates are offered for the contributions, and all collected funds are exclusively designated for humanitarian and welfare purposes during crises in the economy, supporting community welfare and national stability.
4) The system as claimed in claim 1, wherein the contributors are eligible participants based on possession of a valid voter identification card, ensuring accountability and inclusion in the community-based initiative.
5) A method for generating multiyear funds for community welfare, wherein:
- individuals contribute monthly as per the formula in claim 1;
- over multiple years, the contributions accumulate into a substantial financial reserve, aiding the community during times of emergency or economic instability.

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