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Fostering Financial Inclusion: Jignesh Shah’s Contribution

The prosperity brought by FTILu2019s initiatives is undeniable. Jignesh Shah MCX alone, contributed to over a million jobs. From rural farmers to urban analysts, creating a diverse ecosystem of employment. <br><br>Read More: https://jigneshshahinnovator.com/fostering-financial-inclusion-jignesh-shahs-contribution/

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Fostering Financial Inclusion: Jignesh Shah’s Contribution

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  1. FOSTERING FINANCIAL INCLUSION: JIGNESH SHAH’S CONTRIBUTION Jignesh Shah, a visionary first-generation entrepreneur from Mumbai, reshaped India’s financial landscape through his avant-garde company Jignesh Shah Financial Technologies India Ltd. (FTIL), now 63 Moons Technologies. Though now he does not hold any executive position at the company, his role and pioneering spirit as the coach and mentor of 63 moons continue to inspire the next tech revolution, just like his foundational work with FTIL, which brought the first tech revolution to the financial markets. By leveraging technology, Jignesh Shah MCX initiatives democratised access to markets, created millions of jobs, and uplifted rural communities, fostering prosperity for stakeholders across the board.

  2. JIGNESH SHAH MCX: A VISION FOR INCLUSION Jignesh Shah’s journey began with a bold dream: to transform India into a global financial powerhouse while ensuring inclusivity. With this dream in his eyes, in 1995, he founded FTIL, the company that pioneered the term “fintech solutions” before the term gained global traction. Jignesh Shah’s Public-Private Partnership (PPP) model empowered FTIL to build institutions that connected urban and rural economies, making financial markets accessible to all. Shah’s foresight wasn’t just about creating trading platforms or exchanges; it was about bridging economic divides, empowering farmers, traders, and small businesses, and fostering prosperity at every level.

  3. EMPOWERING RURAL INDIA One of Jignesh Shah’s most impactful initiatives was the National Bulk Holding Corporation Ltd. (NBHC), a lesser-known but transformative effort to provide logistical support to the commodities futures industry. Partnering with India Post, FTIL established Gramin Suvidha Kendras, which extended the benefits of commodity exchanges to rural producers. These centres provided farmers with real-time market data, enabling them to make informed decisions about their produce. NBHC empowered the agricultural sector by providing them with a world-class warehousing facility for their produce.

  4. DEMOCRATIZING MARKETS THROUGH TECHNOLOGY The impact of these exchanges was profound. Farmers gained access to fair prices, traders benefited from streamlined systems, and investors enjoyed greater market transparency. Jignesh Shah’s exchanges generated economic activity that rippled across communities, creating jobs and fostering entrepreneurship. His work embodied the spirit of “Make in India,” proving that homegrown innovation could drive global competitiveness while prioritising inclusion. ALSO READ: How Jignesh Shah’s MCX Created One Million Jobs

  5. JIGNESH SHAH’S MARK ON THE HISTORY Jignesh Shah’s contributions through Jignesh Shah FTIL have left an indelible mark. His philanthropy further underscores his commitment to empowering communities. The Jignesh Shah MCX Innovation Lab, fostering startups in agriculture and robotics, reflects his vision for a global IP creation network. By empowering farmers, creating jobs, and building inclusive systems, Shah fostered prosperity that continues to shape the industry. His legacy as a coach and mentor ensures that 63 moons carries forward his vision. This made financial inclusion through technology a reality for generations to come.

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