Bhave Mitra Mandal (One Family) started functioning 4 years ago. It is observed that the progress of the Mandal is not as fast as it should be. Then during the meeting of the managing committee a thought was put forward that without developing independent and strong Finance Support it is not possible to do some constructive work.
Outcome of this discussion is BHAVE SWANIDHI, which is proposed in the committee meeting, held on 19-7-2008. The detail discussion took place on this proposal.

1) Why Swanidhi ? : --
To become life member of Bhave Mitra Mandal (One Family) is Rs.501/- only from every earning member of the family. As per the information available with the Mitra Mandal Approx. 850-900 address of Kulbandhu are available. This shows around 2000 to 3000 earning members are present in our Parivar but approximately 10% are the Life members of the Bhave Parivar. Therefore it is requested to all the members to become Life member of our Parivar. Even though by the funds generated by above means are invested as Fixed Deposit in any Nationalized Bank the interest which it yield will not be sufficient for different schemes which Mitra Mandal is planning. Day do day inflation rate is getting high and it is difficult to adjust day to day expenditure of Bhave Mitra Mandal. For this reason urgent need of BHAVE SWANIDHI is arised.Initially the target of Rs.50 Lakh has been kept. The Detail Plan of proposed collection and expenditure is given below.

1) Collection:
Every earning member should give minimum Rs.5000/- as donation. If somebody wants to give more it is highly appreciated. This can be given in one installment or in multiple installment. Bhave Mitra Mandal has applied for getting the certificate of 80G of tax exemption in Income tax to Income Tax Department.

2) Expenditure:
This calculation is made by keeping in the view of generating Rs. 50 Lakh. Interest is calculated on 8% i.e. Rs. 4 Lakh per year.
20% Education upto 10th or 12th one time ( Non-Refundable )
- Higher education after 12th Std. (on-Refundable terms)
20% Major Surgery (on-Refundable terms) Maximum Rs.25000/-
20% Business Loan with low interest Maximum Rs.25000/-
20% Emergency Help Maximum Rs.25000/- per family (on-Refundable terms)
20% on day to day expenditure of Bhave Mitra Mandal which include management expenditure, for appointing zone wise representatives, conveyance and any other miscellaneous expenses.

The management of BHAVE SWANIDHI IS KEPT SEPARATELY.