Jignesh Shah’s efforts go beyond Financial Markets

Beginning with the creation of a third largest exchange in the world to set up projects involving corporate social responsibility, Jignesh Shah is a man who has left a mark with his vision for being ahead of the game. Multiple innovations mark Jignesh Shah’s journey as an entrepreneur.

Famous among his peers too often opt for unconventional choices, the man is one who may promote his laurels but would never rest on them. While most of us know his role in creating international exchanges, very few of us know about his initiatives in the social sector.

Gramin Suvidha Kendras is one such initiative between Multi Commodity Exchange and India Post. Spread over the four states of Maharashtra, Gujarat, Karnataka and Uttar Pradesh, the project aimed at providing information to the farmers on best practices in order to aid them in enhancing the value of their farming related activities. Mr. Shah himself was at the forefront of the project during its launch which aimed at making marginal farmer empowered.

The program had made farming economically sustainable by enabling informed decision making, helping farmers and generating market linkages thereby promoting inclusive growth and making farmers formidable stakeholders.

The initiative has earned FICCI Socio-Economic Development Foundation Award of 2009, NASSCOM Social Innovations Honours of 2010 and the 5^th BSE CSR awards. According to a study conducted by Tata Institute of Social Sciences on MCX and GraminSuvidha Kendra, 63 moons technologies limited generated more than a million jobs in the commodities ecosystem both directly and indirectly through this initiative.

Read more about Jignesh Shah's initiatives in promoting GSK (gram suvidhakendra)-a joint program by the Multi Commodity Exchange of India Ltd (MCX) and India Post.

In 2006, Jignesh Shah was awarded the U.S - India Businessman Award for his valuable contribution in integrating rural India with global markets.

For all his contributions which have been recognized on global platforms, Jignesh Shah today battles against those vested interests that have tried to devalue everything he has built. However, for a man of Mr. Shah’s caliber (he has built 10 exchanges), only one phrase applies – he is down, but not out.

For more information check 63 Moons.