The following is an email from Tom Greco…he shares with us his ongoing efforts of establishing an alternative currency system in southeast India, and provides additional information for anyone wishing to do the same in their local area.

I’d like to share with you the progress we’ve made on our project here in
Tamil Nadu.

Our excellent team has prepared a grant proposal in the expectation of
getting funds with which to begin stage I of the project.

Please note that our proposal, (available on Greco’s blog–see below)
describes a comprehensive plan for development of the entire southeast India
region, based on the organization of a non-cash payment alternative (mutual
credit clearing). We are requesting that the funder provide about USD
13.000, for this stage.

The overall project will take about two years to become self-sustaining.

This is an ambitious undertaking but it is essential that at least one such
well-designed working model be established somewhere in the world so that it
can be quickly emulated. (We expect the need for payment alternatives to
intensify as the conventional money system continues to malfunction.)

Implementation of such a plan will require broad participation by
established businesses, NGO’s, local government agencies, and eventually,
the general public.

I’m posting the proposal to my BeyondMoney blog, and attaching it here in
the hope that:
1. others might embark upon a similar course in their own area,
2. you might suggest other possible sources of funding for this and later
stages,
3. you might suggest appropriate candidates to help staff our project. It
would be especially helpful to have a project coordinator who has experience
in the commercial “barter” industry, since skills in marketing, sales, and
outreach to mainstream businesses will be key in building this trade
exchange to reach significant scale.

best wishes,

Tom


To read Greco’s proposal and comprehensive plan see:PLAN

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