PMC Time Banking

PMC is proud to incorporate the concept of Time Banking in its services. Time Banking was conceptualized in the 1980s by Edgar Cahn, an American law professor, to address unfulfilled societal needs, and reward community participation.

The PMC Time Banking is a reciprocity-based service system in which hours are credited in the Time Account of the holder. Once you become a member of People’s Mediation Society (PMS), you can open your PMC Time Banking Account and mention the services you would like to offer under this concept. For eg., if you are a mediator, and you are willing to offer your services as a mediator free in the PMCs, the time that you provide for mediating disputes would be credited under your Time Account. This will carry interest too @12% per annum. Anytime you can redeem your time credit for availing the services of a mediator for any of your disputes or that of your friends, relatives or others for whom you would like to get free mediation service.

And it is not just for mediation service. If you are a lawyer, doctor or any other professional or service provider, you can offer that service under the PMC Time Banking Account. For eg., if you are a Palliative Care professional, you can offer that service and you can redeem your time credit to avail, mediation, palliative or such other services that will be added on based on the services that members offer. The services will be kept on adding!

And in case you don’t redeem your points. You can transfer your PMC Time Banking Account to your nominee. It is much more worth than the money that you transfer to your children. You have honourably earned this by the services that you have offered! PMS will keep track of the time credits and debits using its Time Banking software.

The 5 Key Principles of Time Banking

1. We Are All Assets: Everyone has something to contribute

2. Redefining Work: Rewards all work, including non-paid and care work

3. Reciprocity: Helping each other builds strong relationships, and community trust

4. Social Networks: Belonging to a social network gives our lives more meaning

5. Respect: Respect is the basis for healthy and loving community, and lies at the heart of democracy

Justice is the foundation and object of any civilized society. The object of every society is to ensure continued peaceful co-existence among the people as well the maintenance of equilibrium and growth of the society as a whole. PMC Time Banking provides a means for community self-help, as well as fostering "decency, caring and a passion for justice."

Vision

Our vision is a community that is able to unite in order to solve conflicts and overcome challenges. We envision the future in which people will “LIVE AND HELP LIVE”, i.e.,

♥ Live in peace and harmony based on trust and respect towards each other;

♥ Help to overcome obstacles and divisions by building relationships by cooperating and collaborating rather than fighting and competing.

The motto of PMC is to influence the society to bring about the Cultural Revolution and it is proved that the choice of a person or group of persons can ultimately make it. In the olden days the society was more connected and the relationships were more caring and people had the time to help and take care of persons. But when people became busy with their work and lifestyles and when they became more urbanized, we lost such values. With PMC Time Banking, we hope to rekindle the age-old patterns of give and take to reweave the healthy families and communities that everything else depends on.

As Mahatma Gandhi has said, “You must be the change you wish to see in the world”. Let us jointly take part in this exiting attempt of social transition to make our world a safe, sustainable, peaceful and prosperous place to live.

Open your PMC Time Banking Account today! Let us make this world better!

For more details, mail to pmc@arbitrationindia.com

More about PMC