The ease of doing business regulation for startups
is one of the latest priorities of the Narendra Modi government. No other
country in the world has moved from 144 to 60s in the Ease of Doing Business
rankings. "We want to make India the Number 1 Startup nation. We will do
whatever it requires -- ecosystem , market , funding, handholding," PM
Modi has said.
Over the last 48 months, state and central
governments have done over 13,500 policy interventions following which the
needle has moved from 144 to 63, he said. India has jumped 14 places to take
the 63rd position on the World Bank''s ease of doing business ranking. The
country was 77th among 190 countries in the previous ranking. In its Ease of
Doing Business 2020 report, the World Bank commended the reform efforts
undertaken by the country.
Luckily for India, innovators like Jignesh Shah who
created new-generation markets and segments that are people-centric and have a
comprehensive market structure, are joining in the movement with their
expertise and skill. Shah, who established world-class financial institutions
and modern IP-centric financial markets to extend India’s global reach, says he
is ready in a mentor's role for millions of Indian entrepreneurs to realise PM
Modi's vision of Start up India.
Jignesh Shah, founded 63 moons technologies
with his innovative zeal and entrepreneurial aggression, turned it into one of
the finest examples of Make in India, creating 9 robust exchanges across the
globe in a variety of asset classes including commodities, currency, equity,
energy and bonds in as many years.
While enriching himself as a by-product,
Jignesh Shah wanted to empower India by providing job opportunities to millions
of his countrymen. His idea of developing the nation was by providing
employment to its citizens that were not only of high-standards but
environment-friendly as well. More innovators like him should come
forward to extend a helping hand to our young and aspiring entrepreneurs who
can do wonders in the start up ecosystem.
